The buying and selling of assets for profit is known as trading. Unlike investing, which seeks long-term growth, trading aims to take advantage of price fluctuations over shorter periods, typically hours, days, or weeks.

Some traders follow the classic approach of "buying low, selling high," but others use financial products or strategies that allow them to benefit from price fluctuations in different ways.

Here we present the main types of trading, classified according to the time a trader usually holds a position:

Scalping

Scalping is the fastest form of trading. Positions are held for only seconds, minutes, or sometimes a few hours.

Day Trading

Day trading gets its name from the fact that day traders typically open and close their positions within the same trading day.

Swing Trading

Swing trading involves holding positions for days, weeks, or sometimes even months. This can be a good option for people who have a regular job or do not want the commitment of opening and closing trades daily.

Position Trading

Position trading is the closest thing to investing within the world of trading. Position traders can hold an asset or a position for weeks, months, or even years, often basing their decisions on fundamental analysis.#TradingTypes101 #ElonMuskDOGEDeparture