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Bitcoin trading strategies
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1) What is the difference between Day Trading and Scalping trading.
2) Can you explain Swing trading and Automated trading.
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Day trading is a trading style that involves placing and closing trades within a day. Normally a trader will be targeting 20-50 pips per trade. The analysis is done one the 30min and 1hour time frame Can be defined as fishing targeting Breams.
Scalping is a trading style that involves the opening and closing of a trade with an hour
Normally a trader will be targeting 5-20pips per trade. Analysis is usually done on a 1 min-15 min time frame. Can be defined as fishing targeting Capenta
Swing trading is a trading style in which a trade can run for days or even months
A swinger normally targets from 150 pips onwards. Analysis is normally done on 4hr and Day time frames. Fishing targeting whales
Automated trading is trading with the use of robots whereby trades are executed automatically