What Type/Kind of Trading Style is the Best and why

[Paradise25]

In recent times I have understand that most beginner traders don't know the kind of trader they're. Either
1. Scalper
2. Day trader
3. Swing Trader
4. Position Trader.

Which of these trading methods/style is the best (that you use), and you can recommend and why.

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[Rodeo02]

It is depend on the person and what is strategy is fit to you or you can see your advantage doing that trade. You can use them all for much higher profit and good result. and if you find out that other strategy is not working on you then focus only on the strategy that can give you highest winning streaks for every trades.

But for me day trading and position trading is what I mostly do.

[YOSHIE]

1. Scalper
2. Day trader
3. Swing Trader
4. Position Trader.

I'm not telling you to look and read before creating a topic.

80%, the answers and questions you asked have been answered in the topics below.

I'm curious about you traders in this forum.

What kind of trader are you? Please also motivate why you chose this style.

1. Day Trader / Scalper
2. Swing Trader
3. Beginner, haven't started yet
4. Other (please explain)

I am a Day Trader and I chose this style because I'm not patient enough for Swing Trades and I like to be able to place many trades so I can use my own historical data to know what works and what does not work.

All the best,
Joel

https://bitcointalk.org/index.php?topic=5297975.0

Do we need to answer the same questions and answers over and over again, I think it might be better to look, search and read it before doing something.

[exstasie]

In recent times I have understand that most beginner traders don't know the kind of trader they're. Either
1. Scalper
2. Day trader
3. Swing Trader
4. Position Trader.

Which of these trading methods/style is the best (that you use), and you can recommend and why.

Swing trading is the sweet spot for beginners. Trading trends on higher times frames is much more intuitive and reliable than scalping. I'm mostly a swing trader myself.

There is lots of overlap between scalpers and day traders. Low time frames, more unpredictable moves, a need to employ a system that exploits volatility effectively. I only scalp during extremely strong trends, and I don't recommend it for beginners at all.

Position trading mainly applies to whales. It's for traders who are so large that they need to accumulate and distribute over time.

[MonsterV]

I really think it depends on the user's investment some users make profitable from scalping but I think it is also depends on the skill of the trader some skilled trader really make a good income from different strategies.

strategies depends on the time and status of the market.

[Maus0728]

There is lots of overlap between scalpers and day traders. Low time frames, more unpredictable moves, a need to employ a system that exploits volatility effectively. I only scalp during extremely strong trends, and I don't recommend it for beginners at all.

Currently studying T.A here and it appears that some of the concept that pertains to what type of trader you are is a bit confusing with respect to the risk to reward ratio..

Isn't it that swing trading or day trading who deals with a larger timeframe is prone to a greater risk than those people who are doing scalp trading? Or I just misunderstood the concept? As far as I know, trading with a larger timeframe comes with a great risk because of the gap between prices while scalping is the other way around.

[sana54210]

When you are talking about only a handful of strategies, picked mainly because of the quick trading situation and all bundled up, you will of course have a lot of overlap as well. Day trader is the general usually, even if there is a technical term for it, a scalper for example could be seen as a day trader from outside too, he buys and he sells on the same day, day trader does that too, most of the time.

But remember, even if we are talking about something that might have small differences from each other, learning those differences takes a long time. Being a scalper for example is not as easy as it sounds, sure it is not rocket science neither but it is still something quite valuable as well. This is why you should pick yours carefully, if you want to learn one, and decide that you don't like it, it is going to be a waste of time for you to spend so much to learn it.

[Dutchyyy]

In recent times I have understand that most beginner traders don't know the kind of trader they're. Either
1. Scalper
2. Day trader
3. Swing Trader
4. Position Trader.

Which of these trading methods/style is the best (that you use), and you can recommend and why.

It's up to you and what suit you best, your temperament, control, etc. This is 10000% individual.

What I found is best for me is Scalper on big news and clear trends and Swing Trades. What doesn't work is Day trader.

[Hippocrypto]

In recent times I have understand that most beginner traders don't know the kind of trader they're. Either
1. Scalper
2. Day trader
3. Swing Trader
4. Position Trader.

Which of these trading methods/style is the best (that you use), and you can recommend and why.

Any of these trading style will be applicable depending on how you managed to do it in times of needs. When market movement has high and low fluctuations at frequent times, it's certain to choose day trading, but if you're not having real time monitoring then you're just holding enough amount; position trader will be effective as you waited for acquired price to come. Swing or scalper I haven't yet apply that, since I am not fun with unfamiliar styles and I only apply those I think efficient in my trading.

[jamesde]

Trading style requires the flexibility to know when a style of trading does not work for you, but also requires the consistency to stick to the correct style of  trading even if it does not perform optimally.

Four main styles of trading Scalping, Day trading , Swing trading and trading of positions. The variations between the styles is based on the length of time for which trades are held. Only a few seconds, or at most a few minutes, are held for scaping trades. Day trading trades are held for anywhere from a few seconds to a couple of hours. Trades in swing trading are usually held for a few days. Trading positions are held for anywhere from a few days to several years.

One of the biggest mistakes that new traders often make is at the first sign of trouble, changing trading styles. Every losing streak is to constantly modify your trading style or trading system.

[Wexnident]

Swing trading, or Position trading, your pick. Scalpers and Day Traders require you to be active almost all the time to react to the market, which isn't the best decision imo when you're just starting out. I've never tried day trading before but just the amount of time you need to spend already deters me from trying it out. Ofc, it's a lot harder to determine what would the market be in a longer period of time compared to a short one, but that's the price I guess for waiting it out.

[Sebas.tian]

In recent times I have understand that most beginner traders don't know the kind of trader they're. Either
1. Scalper
2. Day trader
3. Swing Trader
4. Position Trader.
Which of these trading methods/style is the best (that you use), and you can recommend and why.

The best that i can recommend to others like who hasn't be strong like the experts in trading is the 'Swing Trading', this to me is the most efficient type of trade for beginners, have been a good Swing Trader and have earned and still earning from the opportunity arising from this type of trade, but the simple truth about trade is: get together with the best strategy that seem to work for you perfectly.

[MCobian]

Of the 4 trading methods that you mentioned, I have tried them all and I am most compatible with day traders. Maybe because I can't
wait and want to get profit every day, day trader is perfect for me. But I do not recommend for newbies who do not have experience
and knowledge of trading, because day traders need good analytical skills that can be used to determine the buy / sell price.

[sheenshane]

I was a scalper before.  But being a scalper takes a lot of effort and time and not to mention countless overnights and reduced sleeping hours.  All your attention is on the market monitoring the price.

But then, I realized that doing trades for long term investment is actually better than doing it day by day.  You can't sit 24 hours facing your computer in a whole day long, just like day trading.  For now, long term trading is far better, with less stress, and less risk.

As you grow older, you realize that building wealth has a certain system.  You have to be able to earn while you sleep and that's what I'm doing now.

[dimonstration]

Of the 4 trading methods that you mentioned, I have tried them all and I am most compatible with day traders. Maybe because I can't
wait and want to get profit every day, day trader is perfect for me. But I do not recommend for newbies who do not have experience
and knowledge of trading, because day traders need good analytical skills that can be used to determine the buy / sell price.

Day traders need to provide more time and be active always as much as possible to attain their goals and do not miss opportunities to buy or sell. If does not have too much time then position trading can help, but out of all strategies or techniques mentioned all of them needs knowledge to really be able to earn in crypto market. It will be better if we focus on what suit us best but it's good to try them all to see which way works better on us.

[palle11]

I think that I can classify myself as a day trader.  By definition, a day trader is that trader whose major aim is mainly to get profit daily even if it goes over to next trading day. Then the reason is that trading daily is able to help you make your losses back in trading even if you make lose at another trading order. You trade with stop lose and can make a regain of the stop loss hit.

[pawanjain]

I had been doing swing trading a lot and had earned decent profits in the past but lately I have stopped trading to see how long the bull run goes.
Taking the risk to sell at the wrong time will eat up all your profits in this bull run and we won't want that to happen now since bitcoin has been breaking all records every week these days.
The best thing to do now would be patiently HODL your coins and reap heavy profits in the future.

[wxa7115]

In recent times I have understand that most beginner traders don't know the kind of trader they're. Either
1. Scalper
2. Day trader
3. Swing Trader
4. Position Trader.

Which of these trading methods/style is the best (that you use), and you can recommend and why.

This has been asked many times in the past and in my opinion the same answer always applies, the best is whichever fits your personality and can produce for you the most profits, for example you may want to be come a day trader but if you work 12 hours per day and you have a family to attend you are not going to have the time to become either a day trader or a scalper, you need to become a swing trader or even a position trader.

In the other hand you may like to hold your positions for months or even years but if you are impatient then that style of trading is not going to fit you so it is better for you to become a day trader or a scalper, as you can see the decision of what trader to become comes down at the end to your particular circumstances and your ability to profit from those circumstances.

[palle11]

The best thing to do now would be patiently HODL your coins and reap heavy profits in the future.

Hodling is fine now because even if the price want to fall, it won't have a total collapse as some won't go to the market because they are hodling it back from buyers. Therefore , there may come little time for correction but it may not go dropping far down.

[wxa7115]

I had been doing swing trading a lot and had earned decent profits in the past but lately I have stopped trading to see how long the bull run goes.
Taking the risk to sell at the wrong time will eat up all your profits in this bull run and we won't want that to happen now since bitcoin has been breaking all records every week these days.
The best thing to do now would be patiently HODL your coins and reap heavy profits in the future.

I agree but as I have said not everyone can do that, since you can you seem to think that everyone should be able to do the same but this is not the way things work, people have different natures and holding your bitcoin now is easy since the price is going up, but we know how difficult it is to hold your coins when the market is crashing, the crash that happened at the end of 2017 and the beginning of 2018 was huge and then the sideways market that followed that lasted more than a year was incredibly difficult, but we survived it.

But most people cannot do that so let them become traders, even if they just break even as long as they remain in the market that is a win for them and for us.