#TradingTypes101
"#TradingTypes101" can be a great starting point for a simplified educational series on trading types for beginners. Here’s a brief overview of the most popular types of trading with a simple definition for each:
🔰 #TradingTypes101 – Basic Trading Types:
Day Trading
➤ Opening and closing trades within the same day.
➤ Requires monitoring the market throughout the day.
Swing Trading
➤ Trades last from days to weeks.
➤ Relies on analyzing medium-term trends.
Position Trading
➤ Long-term trades (months or years).
➤ Often relies on fundamental analysis.
Scalping
➤ Executing dozens of trades in a day.
➤ Small and quick profits from minor movements.
Algorithmic Trading
➤ Relies on robots or algorithms.
➤ Used to seize opportunities at high speed.
Social Trading
➤ Following and copying trades of professional traders.
➤ Suitable for beginners who are learning.
News Trading
➤ Taking advantage of market volatility after news.
➤ Requires high speed and accuracy in analysis.