There are several types of trading, each with its own characteristics and approaches. In this section, we will explore the different types of trading so you can find the approach that best fits your goals and lifestyle.
1. Day Trading

This form of trading involves opening and closing positions on the same day.
Day traders seek to take advantage of intraday market movements to make quick profits. It requires paying attention to charts and price patterns in real-time.
This trading style is for you if:
You are disciplined: Discipline is crucial for this challenging trading style to yield results. Sticking to your trading plan is what will give you an opportunity as a day trader.
You are patient: Patience is essential to wait for ideal trading conditions and resist the temptation to make impulsive decisions.
You are adaptable: The ability to quickly adapt to market changes is vital for the success of day trading.
You are mentally strong: Mental strength helps manage emotional pressures and overcome losses without negatively affecting your performance in future trades.
