#TradingTypes101
#TradingTypes101
Trading comes in many forms, each tailored to different goals and risk levels. Day trading involves buying and selling within the same day, requiring quick decisions and active monitoring. Swing trading captures short- to medium-term trends, typically over days or weeks. Scalping is ultra-short-term, aiming for small profits repeatedly throughout the day. Position trading is long-term, often lasting months, relying on fundamental analysis. Algorithmic trading uses coded strategies and automation. Options and futures trading allow traders to speculate or hedge using contracts. Whether you're conservative or aggressive, understanding your trading type is crucial for success. Know your risk tolerance, strategy, and time commitment to choose wisely.