#TradingTypes101 In essence:
• Spot trading is like buying a car with cash. You own it outright, and your risk is limited to the price you paid.
• Margin trading is like buying a house with a mortgage. You control a larger asset with less of your own money, but you owe interest and risk foreclosure if the price drops too much.
Which is right for you?
• Spot trading is suitable for beginners and those with a lower risk tolerance.
• Margin trading is for experienced traders who understand leverage and risk management. It's crucial to have a solid trading strategy and be prepared to manage potential losses.