#TradingTypes101 In trading, there are different styles or types of trading, each with its own time frame, strategy, and level of risk. Here are the main ones explained:

1. Scalping (Ultra Short Term)

-Duration: Seconds to minutes.

Objective: Small profits from quick movements.

-Tools: 1m/5m charts, limit orders, Level II (order book).

-Risk: High (requires focus and speed).

-Example: Buy ETH at $3,000 and sell at $3,010 after a bounce at support.

2. Day Trading (Intraday)

-Duration: Minutes to hours (trades closed the same day).

-Objective: Take advantage of daily volatility.

-Tools: 15m/1h charts, RSI, MACD, volume.

- Risk: Medium-High.

- Example: Enter ETH on a breakout at $3,050 with a stop at $3,000 and take profits at $3,150.

Which one to choose?

-Beginners: Swing trading or position trading (less stress).

- Intermediate: Day trading with clear risk management.

- Advanced: Scalping or algorithmic trading.

Key advice: Try various styles on a demo account before risking real capital.