#MyTradingStyle The trading styles I engage in the most are Scalping and Swing.

Swing trading is a style that focuses on opening a position within a broader movement. It involves holding a trade for several days or weeks to take advantage of short- and medium-term market fluctuations.

The main objective of swing trading is to detect a trend and take advantage of the dips and peaks that offer entry points. A swing trader uses technical analysis to identify these key price points. They look for two types of market movement: a high, when the price goes up, and a low, when the price goes down.

A swing low indicates an opportunity to buy a long position or sell a short position, while a swing high is an opportunity to sell a long position or open a short position. Swing traders often seek markets with high volatility, as these are the markets where fluctuations are more likely to occur.

Scalping is a dynamic trading strategy that focuses on capturing small, frequent, and profitable price movements. It may seem overwhelming at first, but with concentration and practice, new traders can learn to navigate the fast-paced world of scalping and understand how even small movements in the market can generate consistent profits.

Scalping focuses on capturing small price movements, often just a few pips or cents per trade. Scalpers are day traders who execute numerous transactions throughout the day, sometimes even hundreds, to accumulate small consistent profits that add up over time.

This strategy often involves leverage to increase profits, which also raises the risk. Therefore, discipline is key. Since the profits per trade are small, hesitating to exit a losing trade can lead to losses that are difficult to recover.