🤔 If you like trading and want to pursue it, this is what you should know before starting

Trading has several styles that adapt to different profiles. Here I explain the main ones:

1. Scalping

Scalping is ideal for those looking for quick profits by trading in seconds or minutes, taking advantage of small market movements. This style requires high concentration but allows you to avoid overnight risks. An important point to consider is the commissions for each trade, as in this type of trading, profits tend to be small due to the speed of the trades, and sometimes the commissions can be higher than the profits obtained.

2. Day Trading

In day trading, trades last for hours and are always closed on the same day. It is less intense than scalping and allows for more detailed analysis, although it is still necessary to monitor the market constantly. It is a good option for those who have time during the day and want to avoid the risks of holding open positions at night.

3. Swing Trading

Swing trading is a more relaxed approach where trades last for days or weeks, reducing the need to be constantly attentive. This style is ideal if you have other activities like a job or studies.

4. Positional Trading

Positional trading or long-term investment involves holding an asset for months or years. It is a less stressful strategy with low fees and higher long-term returns. However, it immobilizes your capital and exposes you to macroeconomic risks.

Personally, what I always do is split my assets into two parts: one for the long term, buying coins with potential, and with the other part, I mainly do swing trading. Don't forget to follow me and give it a 'like', and if you have any questions, you can ask me in the comments.