#MyTradingStyle

Types of Trading Methods

1. Scalping

Enters and exits trades within minutes.

Relies on small and quick movements.

Requires high focus and quick decision-making.

Often uses leverage and indicators like RSI and MACD.

2. Day Trading

Opens and closes trades on the same day.

Does not leave trades open for another day.

Relies on news and quick technical analysis.

3. Swing Trading

Holds trades for days or weeks.

Relies on trends and moving averages.

Requires patience and deeper analysis.

4. Position Trading

Holds a currency or stock for months or even years.

Focuses more on fundamental analysis.

Concerned with the project or company behind the financial asset.