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Trading styles

Scalping, day trading, swing and position trading are not personality types but holding horizons. Which one is available to you is decided by arithmetic: how far the instrument travels against what a trade costs.

6 lessons · 49 min

Who this course is for

For anyone who can already read a chart but has not settled on a horizon — or tried scalping and could not understand why the account shrinks on correct entries. After this course you can compute the cost of your style in numbers, know which instruments suit it, and understand why switching styles every week erases any statistics you had.

Start the course
  1. 1A style is a horizon, not a personality7 minFour styles differ in one thing: how long a position stays open. Everything else — number of trades, demands on the instrument, cost of a mistake — follows from that automatically.
  2. 2The arithmetic of style: is the travel enough to cover costs9 minOne calculation answers whether your chosen horizon is possible at all: how far the instrument travels in that time versus what it costs to get in and out. If the first is smaller than the second, skill is not the issue.
  3. 3Inside the day: scalping and day trading8 minBoth styles close before the day ends and therefore never pay for time. But their demands differ, and the main difference is not speed — it is what you pay the exchange.
  4. 4Swing: why a longer horizon is cheaper by arithmetic9 minDouble the horizon and you get more travel while paying the same cost per trade. The other side: the move now happens without you, and you are charged funding for that.
  5. 5Position trading: when the price of time decides everything8 minOver months the main cost is not the fee but funding. On one coin in ten, holding costs more than 5% a month — and that changes not the size of the position but the choice of side.
  6. 6How to choose your style and stop changing it every week8 minThe choice comes down to three numbers known in advance. Verifying that choice takes a sample — and the longer your horizon, the longer you will not know whether it works.

Right now

CoinValueDetails
TUT30.40%$3,081.1M
BICO17.11%$1,139.5M
JIMOTHY16.83%$7.0M
BLUAI13.88%$329.9M
IOTX12.88%$179.7M
龙虾12.48%$40.9M
BTW11.29%$210.8M
TSTBSC11.20%$5.2M

Live numbers from our own table — the very ones this course is about. They update with the market.