#TradingTypes101 explores the diverse world of trading styles suited to different personalities and goals. Day trading involves quick, same-day trades, ideal for active, risk-tolerant individuals. Swing trading spans days to weeks, focusing on short- to medium-term trends. Position trading is for long-term thinkers, holding assets for months or years. Scalping seeks rapid, small profits from tiny market moves, requiring intense focus.
Algorithmic trading uses automated strategies based on data and code. Each type has unique risk levels, time commitments, and strategies.
Understanding these can help traders choose the best fit for their goals and lifestyle. Know your type before you trade.