Many beginners enter the trading world without knowing that trading has different types, and each type requires a different method and the selection of different currencies 👇
🔹 First: Types of trading 👇
1️⃣ Spot Trading
🔹 You buy the currency and actually own it
🔹 There is no account liquidation
🔹 The safest type for beginners
✅ Suitable for beginners
❌ Its profits are relatively slow but safe
2️⃣ Swing trading
🔹 Buy and sell over days or weeks
🔹 Depends on price rises and falls
✅ Better profits than spot
⚠️ Requires a basic understanding of support and resistance
3️⃣ Day trading
🔹 Opening and closing trades on the same day
✅ Quick profits
❌ Requires experience and continuous monitoring
4️⃣ Scalping
🔹 Very quick trades (minutes)
🔹 Small and repeated profits
⚠️ Mentally exhausting
❌ Not suitable for beginners
5️⃣ Futures
🔹 Trading with leverage without owning the currency
⚠️ Large profits = Large risks
❌ Very risky
❌ Could completely liquidate the account
🔹 Secondly: How to choose the right currency? 🪙
✅ For spot trading
Choose currencies:
✔️ Strong
✔️ Known
✔️ High trading volume
📌 Examples:
BTC – ETH – BNB – $SOL – $MATIC
✅ For short-term and daily trading
Choose currencies:
✔️ Moves up and down
✔️ Good trading volume
✔️ Not unknown
📌 Examples:
SOL – AVAX – LINK – OP – ARB – $DOGE
❌ Always avoid:
🚫 Very new currencies
🚫 Unreliable Alpha currencies
🚫 Any currency promoted in private
🚫 Promises of quick profits
🧠 Very important advice:
It's not important how much you earn, what's important is to stay in the market without losses.
Start with:
✔️ Spot only
✔️ Small capital
✔️ Learn before risking
