Choosing your trading style
The same gold market supports very different styles. Choose one that fits your time, temperament and costs.
| Style | Holding time | Typical target | Needs |
|---|---|---|---|
| Scalping | Seconds to minutes | $1–$5 | Very low costs, fast execution, full focus |
| Day trading | Minutes to hours, closed by day end | $5–$30 | A few hours a day in London/New York |
| Swing trading | Days to weeks | $30–$150+ | Patience, wider stops, swap awareness |
| Position / automated | Weeks or rule-based robots | Varies | Robust testing, monitoring |
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- 🔒 Costs decide what's possible
- 🔒 Time and temperament
- 🔒 Key takeaways and quiz
GoldBot Academy is free education. Nothing here is financial advice; trading carries a high risk of loss.