#MyTradingStyle

Methods

#MyTradingStyle : Types of Trading Methods

1. Scalping

Enters and exits trades within minutes.

Relies on small and rapid movements.

Requires high concentration 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 the trade open for another day.

Relies on news and quick technical analysis.

3. Swing Trading

Holds the trade for days or weeks.

Relies on trends and moving averages.

Requires patience and deeper analysis.

4. Position Trading

Holds the currency or stock for months or even years.

More focused on fundamental analysis.

Concerned with the project or company behind the financial asset.