5 Trading Styles with Easy to Understand Tips

1️⃣ Day Trade (Daily Trade)

Characteristics

- Open orders and close within a day.

- Not overnight.

-Use the M5 / M15 / H1 time frame

Who suits

- There's enough screen time.

- Like speed. Decide quickly.

Trick

- Focus 1-2 pairs, enough money. Don't turn on many out of control.

- Set SL every time. Don't trade without a plan.

-Trade only during the market with Volume such as London / New York

2️⃣ Swing Trade (by cycle)

Characteristics

- Hold orders for 2-7 days or a week.

- Play according to the main trend.

Who suits

- People have regular jobs.

- I don't want to watch the screen all day.

Trick

-Use mainly Timeframe H4 / D1

- Trade on a trend. Don't force the market.

-R: R should be at least 1: 2.

3️⃣ Scalping (Very Short Trade)

Characteristics

- In and out in a minute.

- Gradual gains, but many rounds.

Who suits

- Concentrate. Make a decision.

- Very much with the graph

Trick

-Choose a low Spread brogue (there are suggestions to consult)

- Don't overtrade.

- Stop immediately if you start distracting.

4️⃣ Position Trade (Long Hold)

Characteristics

- Months or months.

- Look at the big picture.

Who suits

- Calm down.

- Don't need daily stress.

Trick

- Joint analysis

- Don't take high Leverage.

- Plan the funding well.

5️⃣ News Trading (News Trading)

Characteristics

- Trading episodes with strong news, such as NFP, CPI.

- The market is very volatile.

Who suits

- Take risks.

- Understand the news range market behavior.

Trick

- Czech economic calendar first every time

- Careful, Slippage.

- Don't use Lot too big.

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