2023-02-26 15:01:09
A guide to advanced trading strategies
Advanced trading strategies might be the thing for you whether you’re a seasoned investor or just an amateur looking to take your skills to the next level.
Here are some of the prominent ones, in no particular order:
News trading strategy: is based largely on news and market expectations, both before the news hits the market and after it has. As news can travel quickly, traders must be quick on their feet while trading—-knowing what to sell/buy and when.
End-of-day trading strategy: involves trading securities towards the end of the trading day. Traders should be able to gauge market sentiment from the past day, but also patterns from the previous week/month to place trades.
(not applicable for 24/7 crypto markets)
Swing trading strategy: refers to seizing the market opportunity when it presents itself. Swing traders sway as the market moves—buy when they suspect a rise and sell when they believe a dip is imminent.
Trend trading strategy: is when a trader uses trend lines on a chart to predict movement patterns in a security’s price. After identification of the trend, traders can utilize multiple opportunities to buy low and sell high.
Scalping trading strategy: uses a large amount of capital to profit from marginal price movements in the market. Traders hope to accumulate small profits from everyday movements by using relatively larger leverage.
Position trading strategy: is well-known as HODL—Hold On for Dear Life. Here, traders select fundamentally strong companies/crypto to invest in and hold them for months or even years until they hit their target.
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