#TradingTypes101 Operate on a very short-term basis, seeking profits from small price movements, sometimes in seconds or minutes.
Day Traders:
Open and close positions within the same day, looking to capture intraday movements.
Swing Traders:
Hold positions for several days or weeks, taking advantage of short- to medium-term trends.
Position Traders:
Adopt a long-term strategy, holding positions for weeks, months, or even years, seeking to take advantage of long-term price trends.