#OrderTypes101 #OrderTypes101

Main Trading Types:

Day Trading:

Involves opening and closing positions on the same day, requiring close monitoring of asset prices and quick decision-making.

Swing Trading:

Requires holding positions for periods ranging from days to weeks, with less monitoring of open positions.

Long-term Trading:

Focuses on holding positions for extended periods, which may last for months or years, with the goal of achieving long-term growth.

Scalping Trading:

Involves opening very short positions, which may last for seconds or minutes, requiring quick decision-making and executing multiple trades to achieve small profits.

Trading Strategies:

Speculation:

Characterized by the speed of buying and selling with the aim of achieving short-term profits.

Technical Trading:

Relies on technical analysis to estimate price trends and determine entry and exit points.

Fundamental Trading:

Depends on fundamental analysis of economic indicators and news that affect asset values.