#TradingTypes101 There are several types of trading strategies that traders employ to achieve their investment goals. Let's take a closer look at some of these strategies:

Day Trading: Day traders open and close trades within the same trading day, aiming to profit from short-term price movements. This strategy requires constant monitoring of the market and quick decision-making.

Swing Trading: Swing traders hold positions for a few days to weeks, aiming to capture larger price movements. They tend to base their trades on technical analysis and market trends.

Position Trading: Position traders hold positions for weeks to months, taking a long-term view on the market. They focus on fundamental analysis and aim to profit from major price movements.

Algorithmic Trading: Algorithmic trading involves using computer programs to execute trades based on predetermined criteria. This strategy relies heavily on technical analysis and automation.