#TradingTypes101 🤡🤡🤡

Trading 101 — a term that may refer to types of traders and orders in the context of trading. Trading 101 involves studying the basic categories of market participants, as well as types of trading orders.

Types of Traders

Some types of traders considered within Trading 101:

Day Traders. Operate within a single session, closing positions by the end of the day to avoid risks associated with overnight price changes.

Swing Traders. Seek to profit from price movements in the short-term and medium-term, keeping positions open for several days or weeks.

Position Traders. Follow a long-term approach, buying assets to hold them for months or even years.

Scalpers. Aim to profit from small price movements, keeping positions open for seconds or minutes.