#TradingTypes101

Trading involves various types, each suited to different strategies and goals. Day trading entails buying and selling within a single day to capitalize on short-term price movements. Swing trading holds positions for several days or weeks, aiming to benefit from medium-term trends. Scalping involves rapid trades for small profits, often many times a day. Position trading is long-term, based on fundamental analysis and major trends. Algorithmic trading uses computer programs to execute trades based on set criteria. Copy trading allows investors to replicate successful traders’ actions. Each type requires distinct skills, risk tolerance, and market understanding to succeed.