#TradingTypes101 There are many types of traders, each with a unique style. Day traders buy and sell within the same day, seeking quick profits. Swing traders hold positions for several days or weeks to capitalize on trends. Scalpers execute dozens of trades per day, aiming for small gains. Position traders take a long-term approach, relying on fundamentals. Then there are algorithmic traders, who use code and data to automate decisions. Each type requires different skills, strategies, and risk tolerance. Understanding your personality and goals is key to choosing the right path.