Does Trade have types?

[Sakanwa]

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.

[1715288147]

1715288147

[BitMaxz]

Types of trades I think you talking about like scalping, day trading, swing trading, and bear/bull trading.

There are many of them if I were you if you want to make a profit in trading learn how to use indicators, FA and TA.

Here's a good source below to learn how to trade

- https://github.com/SpiralDevelopment/Awesome-Crypto-Trading

[Bitcoin_Arena]

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.

[Fivestar4everMVP]

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.

Trade have types, most especially, if we are discussing cryptocurrency trading, there is..
-Spot trading
-Abitrage trading
-Options trading
-Futures/margin trading
-P2P trading
-Trading derivatives
Though I am only familiar with 4 which are spot trading, futures/margin trading, Abitrage trading and p2p trading, I am not so sure about derivatives and options trading as I just hear and see it on some trading apps, I've never tried it.
Now, knowing how this different market works and how to trade and make profit from them is a different thing altogether, and I personally would suggest you do some research on this yourself.

[blockman]

As said, there are too many of them and you can find comfort in any of them so before you choose one, you have to test the majority of them until you find the one that works for you. A newbie would try those types that they think can make them a lot of money so quickly.
But that's like a trap and don't go that way because in everything there's a process and the best of it is the slow but sure method where you get to know the type and the strategies that lie on it so that you can assure your trades will mostly win and not losses.

[Maus0728]

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

Did you mean types of trading? We have:
- Day, Swing, Position trading
- Scalping
- Algorithmic Trading
- Options Trading
- Futures etc..

All of which have risk of having losing trades that traders are not exempted, because regardless of what type of trade you use, if you are not familiar on how properly execute it, you'll always find yourself on the losing side. Things like bankroll management, RR ratio, T.A, Trade management, using trading journal should be your priority than finding a shortcut to make money.

type of trade that someone can follow to make profit from.

Copytrading is your best bet. But that doesn't mean there is a guaranteed profit.

[Charmekkd]

in trading we must know the knowledge first, and when trading we must have a strong mentality, and I often trade short term
and a lot of losses but I do not give up.
and I learned a lot from my experience and corrected my mistakes..
and finally now I understand about trading because I have experience always trading.
so I think must you learn from your failures and don't give up.

[dansus021]

Can you show us the app that you have been using, I just do a quick search about Deriv Go this is an app on the Apps Store and it does forex CFD and Cryptocurrency as well but I think this just regular forex broker - https://deriv.com/

People above me already said trade type, but if you mean this its different
there is actually mean to different types of trade

• A CFD (contract for difference) allows you to trade on the price movement of an asset, without buying the underlying asset.
• Deriv multipliers combines the upside of leverage trading with the limited risk of options. This means that when the market moves in your favour, you'll multiply your potential profits. If the market moves against your prediction, your losses are limited only to your stake.
• Options are products that allow for payouts from predicting market movements, without needing to buy the underlying asset. You only need to open a position that predicts how the asset will move over a period of time. This makes it possible for people to participate in the financial markets with minimal capital investment.

and when it comes to contract trading don't use high leverage when you don't know what you are doing is high risk especially with low timeframe like 5 Minute

[hd49728]

Many trade types but there are most commons and best weapons for you in trading. They are weapons to keep your capital against loss (minimize loss) and protect your initial capital as safest as possible.

One of the Best Weapons in Trading
Stop limit order

If you don't use stop loss and stop limit orders, don't trade.

[Pandu Geddon]

Many trade types but there are most commons and best weapons for you in trading. They are weapons to keep your capital against loss (minimize loss) and protect your initial capital as safest as possible.

One of the Best Weapons in Trading
Stop limit order

If you don't use stop loss and stop limit orders, don't trade.

you are right, I too was like OP, and lost some of my money on my trading. and it led me to find out how more experienced traders manage their risky trades to be more secure. I know it won't eliminate the risk of trading, but I think using Stop Lose in trading is enough to reduce the losses we can bear. it is very useful for beginners who often lose in trying several types and trading techniques.

[Sakanwa]

Can you show us the app that you have been using, I just do a quick search about Deriv Go this is an app on the Apps Store and it does forex CFD and Cryptocurrency as well but I think this just regular forex broker - https://deriv.com/

People above me already said trade type, but if you mean this its different
there is actually mean to different types of trade

• A CFD (contract for difference) allows you to trade on the price movement of an asset, without buying the underlying asset.
• Deriv multipliers combines the upside of leverage trading with the limited risk of options. This means that when the market moves in your favour, you'll multiply your potential profits. If the market moves against your prediction, your losses are limited only to your stake.
• Options are products that allow for payouts from predicting market movements, without needing to buy the underlying asset. You only need to open a position that predicts how the asset will move over a period of time. This makes it possible for people to participate in the financial markets with minimal capital investment.

and when it comes to contract trading don't use high leverage when you don't know what you are doing is high risk especially with low timeframe like 5 Minute

[/quote

In these kind of trade how does it work because I guess I might have touch these type of trade on Deriv Go and yet didn't get much profit then loss,how can I use this very trading type to work and get profit.

[Oshosondy]

Types of trades I think you talking about like scalping, day trading, swing trading, and bear/bull trading.

The types of trading that I know are just scalping, day trading and swing trading which are based on the time the trader wants. Scalping which requires few minutes to like an hour, day trading that requires hours to like a day or 2, swing trading that requires few days to weeks or a month.

But there are other forms of trading like arbitrage.

Did you mean types of trading? We have:
- Day, Swing, Position trading
- Scalping
- Algorithmic Trading
- Options Trading
- Futures etc..

What is the difference between position trading and future trading? Aren't they the same thing.
Option trading is also part of future trading.

Algorithmic trading is not what should be considered as a trading type:

Algorithmic trading is a method of executing orders using automated pre-programmed trading instructions accounting for variables such as time, price, and volume. This type of trading attempts to leverage the speed and computational resources of computers relative to human traders.

Trade have types, most especially, if we are discussing cryptocurrency trading, there is..
-Spot trading
-Abitrage trading
-Options trading
-Futures/margin trading
-P2P trading
-Trading derivatives
Though I am only familiar with 4 which are spot trading, futures/margin trading, Abitrage trading and p2p trading, I am not so sure about derivatives and options trading as I just hear and see it on some trading apps, I've never tried it.
Now, knowing how this different market works and how to trade and make profit from them is a different thing altogether, and I personally would suggest you do some research on this yourself.

Options and future trading are derivatives. Margin trading is never in the category of future trading, they are very different but just that they both make use of leverage, but how it is done is different and the leverage you can go up to in future is far more than in margin trading, both should be considered separate.

The types of trading that I know are scalping, day trading and swing trading. But in crypto, it is worth knowing derivative trading which is what traders are using to scalp, day trade and swing trade.

[slaman29]

There's a lso one particular type of "Trader" that comes in a forum after trading, and after losing money, asking what type of trades there are and that's "trade gambling". Believe it or not, the majority of traders are this kind of gambler, whether they admit it or not. Also whether they are aware of it or not.

They think they are using a strategy. Day, swing, scalp whatever. But they are coming in with the same mindset a guy goes into a casino and believes he has a roulette strategy.

I am using my own personal experience not just in crypto or Bitcoin but forex. So no, this is also a personal reflection

[lumbridgecity]

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

I am biased. My system works and makes money.  The system is not hard - knowledge about trading isn't the difficult part and I can help you follow along with the system I trade.

But it's a lot like golf.  There's not a lot of time you are actually hitting the ball in golf.  most of the time you are walking to the next shot.  How you hold your emotions and your mental imaging during that time will have profound effect on the success of the next time you hit the ball.  The mental side of golf is the biggest edge.  Not the mechanics of hitting the ball.

Check out the research blog https://altcoinopportunities.com as a starting resource.

Trade safe, and keep those losses small.

Doug

[palle11]

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.

[Flexystar]

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.

The app does not matter as long as you know what you are doing. Just understading the type of trading wont make any difference because at the end you will have to understand what it is and how it works. For example, scalping, it is not everyone's cup of tea however an arbitrage trading might be! It's not easy job when it comes to the advance techniques/types of trading.

Considering what you have experienced in the past it is better to avoid the advance crypto trading. You should really start very small, for example hodling portfolio of 5-6 coins which are strongest and close to the #1 that is bitcoin. Try to gain the profits over the time and see what you learn from that. As long as holding is considered you are just doing long term trading and gaining profits only if you sell your portfolio.

The advice is coming out of experience and also the volatile the market the more risky it is to trade. Better keep it low and play safe.

[Sakanwa]

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.

Trade have types, most especially, if we are discussing cryptocurrency trading, there is..
-Spot trading
-Abitrage trading
-Options trading
-Futures/margin trading
-P2P trading
-Trading derivatives
Though I am only familiar with 4 which are spot trading, futures/margin trading, Abitrage trading and p2p trading, I am not so sure about derivatives and options trading as I just hear and see it on some trading apps, I've never tried it.
Now, knowing how this different market works and how to trade and make profit from them is a different thing altogether, and I personally would suggest you do some research on this yourself.

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.

[Sakanwa]

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.

[dunfida]

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.

Trying to understand that 100v then for sure it is a typo or something in 100x leverage which it could blown up your entire balance even with some percentage price movement.
Speaking about on type of trades then it could be spot,future,derivatives  which you would be adjusting basing up on what leverage you could take on.

Type of traders?
DayTrader
Scalper
Swing
Long term

So choose which one you would be suiting in.

[Edwardard]

What kind of technics can a beginner apply during trading,

As a beginner, observation is the best technique you can apply to the markets. Just watch the price actions and see how it adapts with the free indicators you get in tradingview. Later, trade with few dollars and learn what type of mindset you have. You gotta know yourself first, none can teach you about you. If you got a patient mind, you can be a swing trader. If your mind has the ability to switch quickly with emotions under control, you can be successfull in short term trading.