#MyTradingStyle

I am looking for theoretical-practical information because I do not take much risk in trading.

I found this gem that clarifies a position for me:

The 3 5 7 rule is based on a simple principle: never risk more than 3% of your trading capital on a single trade; limit your total exposure to 5% of your capital across all open trades combined; and ensure that your winning trades are at least 7% more profitable than your losing trades.

We can identify three types of trading based on their time frame:

- scalping (trades in short time frames of minutes),

I believe and identify with this, in the few trades I have made 😬👍🏻

- intraday trading (trades that are opened and closed on the same day) and

- long-term investing (trades where the investor holds their assets for a longer period).

A trading style refers to the general approach that a trader uses to operate in the financial markets, including the frequency of trades, the time frame of positions, and risk management. It is based on the trader's personality, risk tolerance, available time, and account size.