Trading Types
Trading involves buying and selling assets, and there are several types of trading strategies. Here are some common ones:
Day Trading:
Involves buying and selling financial instruments within a single trading day, with all positions closed before the market closes.
Swing Trading:
Involves holding positions for a shorter period than investing, but longer than day trading, typically from a few days to a few weeks.
Position Trading:
Involves holding positions for an extended period, sometimes months or even years, with the goal of profiting from long-term trends.
Scalping:
A type of day trading that involves making numerous small trades in a single trading day, taking advantage of small price movements.
Momentum Trading:
Involves buying assets that are rising in value and selling those that are falling, with the goal of profiting from the momentum.