Table of Content:
- Chapter 1: What is Cryptocurrency?
- Chapter 2: Cryptocurrency Trading Basics
- Chapter 3: Trading Strategies
- Chapter 4: Technical Analysis Basics
- Chapter5: Technical Analysis Indicators
- Chapter 6: How To Trade On Binance
What is a trading strategy?
A trading strategy is simply a plan you follow when executing trades. There’s no single correct approach to trading, so each strategy will largely depend on the trader’s profile and preferences.
What is day trading?
Day trading is a strategy that involves entering and exiting positions within the same day. The term comes from legacy markets, referencing the fact that they’re only open for set periods during the day. Outside of those periods, day traders are not expected to keep any of their positions open.
What is swing trading?
Swing trading is a style of trading that attempts to capture short- to medium-term gains in a stock (or any financial instrument) over a period of a few days to several weeks. Swing traders primarily use technical analysis to look for trading opportunities. These traders may utilize fundamental analysis in addition to analyzing price trends and patterns.
- Swing trading involves taking trades that last a couple of days up to several months in order to profit from an anticipated price move.
- Swing trading exposes a trader to overnight and weekend risk, where the price could gap and open the following session at a substantially different price.
- Swing traders can take profits utilizing an established risk/reward ratio based on a stop loss and profit target, or they can take profits or losses based on a technical indicator or price action movements.
Swing Trading In Urdu/Hindi
What is scalping?
What is buy and hold?
What is paper trading?
A paper trade is a simulated trade that allows an investor to practice buying and selling without risking real money. The term dates back to a time when (before the proliferation of online trading platforms) aspiring traders would practice on paper before risking money in live markets.
- Paper trading is simulated trading that allows investors to practice buying and selling securities.
- Paper trading can test a new investment strategy before employing it in a live account.
- Many online brokers offer clients paper trade accounts.
- Paper trades teach novices how to navigate platforms and make trades, but may not represent the true emotions that occur during real market condition.