#TradingTypes101
๐ Trading Types 101: Know Your Style Before You Trade
Before diving into the markets, itโs ๐ to know what kind of trader you are. Hereโs a breakdown of the 4 main trading types โ each with its own strategy, risk, and mindset:
โก Scalper
Timeframe: Seconds to minutes
Goal: Quick profits from tiny price moves
Tools: Fast execution, technical indicators
Suited for: High-focus, rapid decision-makers
๐ Day Trader
Timeframe: Within a single day
Goal: Capitalize on intraday volatility
Tools: Charts, news, momentum strategies
No overnight risk
๐ Swing Trader
Timeframe: Days to weeks
Goal: Ride short-term trends
Tools: Technical + fundamental analysis
Needs patience & timing
๐ง Position Trader / Investor
Timeframe: Weeks to months (sometimes years)
Goal: Long-term value appreciation
Tools: Fundamentals, macro trends
Less stress, more strategy
๐ฏ Pro Tip: Your trading type should match your personality, schedule, and risk tolerance. Trying to scalp with a swing traderโs mindset? Thatโs a recipe for burnout.