Does Trade have types?

[Mpamaegbu]

~snipped~

The Op question clearly shows he got zero knowledge about trading and luckily for him he has come to do the right thing by asking the needful questions.

I don't really think OP is that lucky. I said that because the type of trading OP is on is completely different from the type of trading most of the users here are conversant with. I've read a lot of comments and the suggestions point to crypto type of trading. Deriv/Binary isn't crypto trading. It's volatility indices. Apart from it being trading, it's completely different from cryptos and even FX stuff. Except someone decides to open a thread to discuss Binary now, I haven't read anyone write about it here.

[1715167633]

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[jrrsparkles]

Almost everyone stated about the types of trading in cryptocurrency space and those are the actual types too but I didn't see about copy trading here or atleast I missed it so it is also a type too in my opinion which involves simply copying the strategy of other and execute our trades so no efforts but complete risk taken on someone's success rate.

From all these types we can simply point which is better and suitable for anyone that is long term spot trading cause its simple, less risky than others and we can have our assets in our wallet itself.

[Dragonfund]

Almost everyone stated about the types of trading in cryptocurrency space and those are the actual types too but I didn't see about copy trading here or atleast I missed it so it is also a type too in my opinion which involves simply copying the strategy of other and execute our trades so no efforts but complete risk taken on someone's success rate.

From all these types we can simply point which is better and suitable for anyone that is long term spot trading cause its simple, less risky than others and we can have our assets in our wallet itself.

Copy trading is for lazy people who don't want to use their resources to do research and this usually results in losses, because you just copy another trader's set up and anything can go wrong in the process and he will not update his followers about the new update, so even if there is something that comes up, you will have had loss before you realize and taking correction will be late by that time, so it is better to trade your own, set your own target. Most importantly, this type of trading should be discouraged since experts do not disclose their losses, which is deceptive to say the least.

[huu78]

as far as I know there is such a thing as spot traders and leveraged trading, then margin trading.
spot trading buys when the price is low then sells it when the price is high, leverage trading guesses/predicts the price will go down or up using the coin or stable coin.
and for margin trading I've never tried it.

[Silberman]

I was on one of the trading app call Deriv Go and I had lost then profit and I using the highest volatility 100v and it was MT5 and I stoped because of the lost

You don't have to worry yourself if you are not ready to lose in trade. The hard truth is that no type of trading option is a give away to traders, you have to learn and get equipped with enough knowledge and the good thing about trading is it follows almost same pattern, you have to use technical analysis. Whether deriv option, forex, crypto are following same pattern.

What kind of technics can a beginner apply during trading, because you take about technics does trading has a pattern for getting profit without much loss.
I am asking because I have lost alot in trade and I don't want to loss anymore.

Technical analysis is a topic that is simply too deep to synthesize in just a few tips, but the idea behind it is that with the use of a combination of indicators you can increase your ability to predict what the market is about to do and profit from it, if you are serious about trading then you can read a few books about the topic, test some of the strategies on those books and finally decide which one fits you the best, but I am warning you this is a process which will take you months and not many people are willing to do this.

[MIner1448]

Yes, there are different types of strategies in trading that can help you make a profit. Some of them include long term trading, short term trading, scalping, investing, etc. However, there are no guaranteed types of trading that can guarantee profits, since trading is a risky business, and profits and losses depend on many factors, such as market conditions, market analysis skills, psychological approach, etc. Therefore, it is important to carefully study and understand the market before you start trading and follow a carefully designed strategy.

[Timmzzy]

YES trading has types examples are; DAY TRADER, SWING TRADER, SCALP TRADER AND POSITIONAL TRADER. now without a proper knowledge of of trading you dont expect to just know a certain TRADING APP or you see their Adverts ON HOW YOU CAN MAKE $10 turn $10,000  which is basically the tricks they use to trap make NEWBIES, and in your mind you think its that simple my dear you need good knowledge for this.

[Litzki1990]

I was thinking of these everytime and I never found any answer to it yet.

I was on one of the trading app call Deriv Go and I had lost then profit and I using the highest volatility 100v and it was MT5 and I stoped because of the lost I had and I want to ask if it has type of trade that someone can follow to make profit from.

In the field of trading, there are several types of trading according to which it is possible to earn profit. In terms of trading, you can follow whichever style seems easier to make a profit. Two types of trading are most commonly used, one is spot trading and the other is futures trading. If you have no idea or experience in trading or if you are new to trading then you can follow spot trading. Because if you do futures trading without understanding about spot trading, you may suffer. And if you have enough knowledge about trading then in that case you can do futures trading but before doing futures trading you must know caution about futures trade because futures trading is very risky.

[Franctoshi]

I was thinking of these everytime and I never found any answer to it yet.

I was on one of the trading app call Deriv Go and I had lost then profit and I using the highest volatility 100v and it was MT5 and I stoped because of the lost I had and I want to ask if it has type of trade that someone can follow to make profit from.

From my assessment Op, looks like you are gambling the market and not trading, I advise that before you should go into the financial markets to start trading and to avoid losing your hard earned money, ensure you must have gotten the proper knowledge to begin with. The market is there to take your money and not to give you profit, this reason is enough to tell you that you must learn before you start any journey into the world of crypto or the financial market.

I want to ask if it has type of trade that someone can follow to make profit from.

Lastly believe in yourself that you can do it and don't follow or rely on anyone to make profits, Think about what happens when the person  you follow is not there, meaning you can't do anything yourself, pay the scarifies to success and you will definitely succeed.

[Mrengage]

I was thinking of these everytime and I never found any answer to it yet.

I was on one of the trading app call Deriv Go and I had lost then profit and I using the highest volatility 100v and it was MT5 and I stoped because of the lost I had and I want to ask if it has type of trade that someone can follow to make profit from.

There is a lot of grammatical errors in this post you made I think you should take your time to go through what you're posting before you POST, it will help readers to understand what you are trying to say without having to read over and over.

CHECK THIS QUOTE, i think this is a clear post to what you should have put out in the post.

I was on one of the trading app call Deriv Go and I had losses & profit as well but I am using BIG lot size like 100LOT I stopped because of the losses I had, so I want to ask if it there are types of trading that someone can follow to make profit from.

Now if you should seat to read out this post you will notice there is no much sense to what you are saying, you can't just go to a broker platform get an account fund it and decide to over leverage the account along the line you make some cash out of luck and so you blew the account due to no knowledge. so try and get knowledge on how trading works before coming up to speak.

[Chilwell]

Doing away with all this types of trades which is the best to trade with and you wouldn't have to loss that much because the truth is having knowledge or not you can't do well when it comes to trade.so which is the best for a beginner to start with first.

Go through this post I think he has answered your questions

There are so many types. You have to study them and practice carefully and see the one you are more comfortable with. Some are high risk, High rewarding, others are low risk low rewarding

There is spot trading, Derivatives trading, arbitrage trading, options trading, long term investing etc

In all those kinds of trading, one can still lose money.

The difference between the expert and newbie is that they have been in the game for so long which they had many experience of trading despite everything they had gathered they are also losing too. So mate you have to DYOR so that you can know which one is favourable for you.

[GreatArkansas]

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 I had lost then profit and I using the highest volatility 100v and it was MT5 and I stoped because of the lost I had and I want to ask if it has type of trade that someone can follow to make profit from.

This is really how trade works because no one knows what will happen on every trade you will do that's why there is a stop loss to prevent losing more from your capital and find another good opportunity for the next trade. Always think that there is no guarantee of success in trading, even what strategies you will use, you can still lose.
But if you do good practice or train your self, master things that will help to increase your chances of success, it will help to become profitable.

[tbct_mt2]

This is really how trade works because no one knows what will happen on every trade you will do that's why there is a stop loss to prevent losing more from your capital and find another good opportunity for the next trade.

It is why traders should use One of the Best Weapons in Trading

Always think that there is no guarantee of success in trading, even what strategies you will use, you can still lose.

Trading is playing against the market, other traders and biggest enemy, with yourself. If you can not beat yourself in emotion controlling, you will lose in trading.

But if you do good practice or train your self, master things that will help to increase your chances of success, it will help to become profitable.

I think if a trader loses enough, he can think to change to an investor. Only return to trading if he get good profit from investment and cover his previous loss from trading.

[Fivestar4everMVP]

Almost everyone stated about the types of trading in cryptocurrency space and those are the actual types too but I didn't see about copy trading here or atleast I missed it so it is also a type too in my opinion which involves simply copying the strategy of other and execute our trades so no efforts but complete risk taken on someone's success rate.

From all these types we can simply point which is better and suitable for anyone that is long term spot trading cause its simple, less risky than others and we can have our assets in our wallet itself.

Well yeah, when it comes to trading, non is more safer than spot trading, but then, just as the risk is very low, so also is the profit very low as well..

And talking about copy trading, copy trading is a good one as well, though it's not common, which explains why it wasn't talked about, copy trading is mostly for working class individuals, business owners who might not have the time for all the technicalities trading requires , and for the fact they take trading as a side hustle, it is very for them to hire the service of a much more professional trader who can allow such person to copy their trade.

[usekevin]

Trading had huge type and many can create the signals based on their experience and the Analysis of the chat using the candles.The important factor is you should not get away from trading when the trading had gives you loss.Loss is not the end for the trading the circle will move to the upward and you will earn more profit from the trading experience.The one of the huge earning person will be the person who look into the trading strategy and apply the strategy based on the market movement.

[bettercrypto]

I was thinking of these everytime and I never found any answer to it yet.

I was on one of the trading app call Deriv Go and I had lost then profit and I using the highest volatility 100v and it was MT5 and I stoped because of the lost I had and I want to ask if it has type of trade that someone can follow to make profit from.

As a trader you should know what type of trader you belong to, Are you a scalper, short-term trader, long-term trader. Here in these three that I have mentioned if you are a newbie in the trading industry I think it is appropriate for you to be a Long-term trader because while you are still learning Bitcoin or other cryptos the assets you choose will not be affected because of how many years you have it will still be held and you don't care what happens to its value.

Now, if you are still a newbie and you don't have any knowledge of trading here in cryptocurrency and you enter into being a scalper or short-term it can be said that you are entering a war without even having a weapon with you.

[jrrsparkles]

Almost everyone stated about the types of trading in cryptocurrency space and those are the actual types too but I didn't see about copy trading here or atleast I missed it so it is also a type too in my opinion which involves simply copying the strategy of other and execute our trades so no efforts but complete risk taken on someone's success rate.

From all these types we can simply point which is better and suitable for anyone that is long term spot trading cause its simple, less risky than others and we can have our assets in our wallet itself.

Well yeah, when it comes to trading, non is more safer than spot trading, but then, just as the risk is very low, so also is the profit very low as well..

And talking about copy trading, copy trading is a good one as well, though it's not common, which explains why it wasn't talked about, copy trading is mostly for working class individuals, business owners who might not have the time for all the technicalities trading requires , and for the fact they take trading as a side hustle, it is very for them to hire the service of a much more professional trader who can allow such person to copy their trade.

The profits from spot trading is really based on our target prices, if we keep the margin low then the profit will be low whereas we can set the margin high which will give high profit accordingly the risk associated will be proportional to the margin.

Copy trading is actually a lucrative kind of type targeted mainly the rookie kind of traders who is influenced by various individuals to get into the copy trading but they don't learn anything simply they believe someone will make money for them.

[jeraldskie11]

I was thinking of these everytime and I never found any answer to it yet.

I was on one of the trading app call Deriv Go and I had lost then profit and I using the highest volatility 100v and it was MT5 and I stoped because of the lost I had and I want to ask if it has type of trade that someone can follow to make profit from.

There might be some signal group offering a services like this but of course profit is still not guaranteed and you have to pay for some fees just to get on that group. Trading is not easy, there’s a lot of analysis that you should make before you actually make profit, some are just skipping this part while the others are really working hard to understand trading. I believe you can be more successful once you understand the whole concept of trading.

Don't ever be fooled by trading groups that offers a signal if you pay a fee for them. I already tried with that stuff joining in the group but fortunately I just get a free trading signals from them. I observed all the signal they give but honestly it's all the same like how we trade, there's no magic at all like make us shocked. In a couple of signals they give, only few will materialize that will make people still losing if they trade all the signals they get. So it's always best if you trade your own money because not only make you enjoy but will make you gain experience and knowledge.

[Peanutswar]

People make a trade when they think it's confident to trade, and availability, of course its matter, if you have a small time for making a trade you can be scalpers - they are the people who make a profit with just a small price movement, if you have tons of time to make trade for example 3 hours average and make different positions you can make a short trades those are the at least hours price movements, next is the long term investors they are the one who bought and wait for the dip to accumulate as possible they can. At the end its all about the timing and proper execution to make a trade. People gain profit for being discipline and got loses because of getting greedy.

[taufik123]

Don't ever be fooled by trading groups that offers a signal if you pay a fee for them. I already tried with that stuff joining in the group but fortunately I just get a free trading signals from them. I observed all the signal they give but honestly it's all the same like how we trade, there's no magic at all like make us shocked. In a couple of signals they give, only few will materialize that will make people still losing if they trade all the signals they get. So it's always best if you trade your own money because not only make you enjoy but will make you gain experience and knowledge.

In the past, I have joined signal groups like the one you are referring to by making several payments to get into their premium groups.
But what happened, the signals given were just copied from other group signals and that also did not guarantee to get profits.

Many are deceived by the mode of groups that provide good trading signals.
It is best to learn by yourself, learn technical and fundamental analysis, so that you gain knowledge and know what to do in the market.
Don't depend on others for your money.