#TradingTypes101
Scalpers – trade on very short time intervals (seconds, minutes), making dozens or hundreds of trades a day. They utilize small price movements.
- Day traders – open and close positions within one day, not leaving orders overnight. They work on minute and hourly timeframes.
- Swing traders – hold positions from several days to weeks, capturing medium-term trends.
- Position traders – engage in long-term trading (months, years), focusing on fundamental analysis and macro trends.
- HODLers – not traders in the classical sense, but investors who hold cryptocurrency for years, not reacting to short-term fluctuations.
- I just drain my deposit.