#TradingTypes101
* Day Trading: Quick, intraday trades to profit from small price moves. High intensity, demands constant monitoring.
* Swing Trading: Holds positions for days or weeks, capturing larger "swings" in price. Less time-consuming than day trading, but still active.
* Position Trading: Long-term approach, holding assets for months or years based on macro trends. Patience is key!
* Scalping: Ultra-short-term, making tiny profits from many trades within minutes or even seconds. Requires extreme focus and low fees.
* HODLing: (Hold On for Dear Life) Buying and holding for the long haul, believing in long-term asset growth, ideal for beginners.
Remember to always use risk management, like stop-loss orders, and do your own research (DYOR) before trading.