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#TradingTypes101 There are several main types of trading, each with distinct characteristics. Day trading involves opening and closing positions within the same trading day to profit from small price movements, often using high leverage. Swing trading aims to capture short-to-medium term gains over several days or weeks by identifying "swings" in price. Position trading is a long-term approach, holding assets for months or even years, focusing on major market trends and fundamental analysis. Scalping is an extremely short-term strategy, making numerous small profits from tiny price changes, often lasting only seconds or minutes. Finally, algorithmic trading (or algo-trading) uses pre-programmed computer instructions to execute trades at high speeds, based on various parameters.