#TradingTypes101 Trading Types 101📘

1. Day Trading

Definition: Buying and selling financial instruments within the same trading day.

2. Swing Trading

Definition: Holding positions for several days to weeks.

3. Position Trading

Definition: Long-term trading based on broader trends.

4. Scalping

Definition: Extremely short-term trading aiming for tiny profits on each trade.

5. Algorithmic Trading

Definition: Using computer programs to automate trades based on set rules.

6. Momentum Trading

Definition: Trading based on the strength of current price trends..

7. News-Based Trading

Definition: Trading based on economic news, earnings reports, or geopolitical events.

_Tips for Beginners_

-Choose a trading style that suits your personality, schedule, and risk tolerance.

-Start with paper trading or simulators.

-Learn risk management: never risk more than you can afford to lose.

-Educate yourself continuously — markets change.