#OrderTypes101
📊 #TradingTypes101: Overview of Trading Styles
🔹 1. Day Trading
⏱ Timeframe: Intraday (same day)
🎯 Goal: Profit from small price movements
🧰 Tools: Real-time charts, technical indicators, fast execution
👤 Trader Profile: Active, focused, makes quick decisions
🔹 2. Swing Trading
⏱ Timeframe: Days to weeks
🎯 Goal: Capture market “swings” or short-term trends
🧰 Tools: Technical analysis + basic fundamentals
👤 Trader Profile: Balances trading with other commitments
🔹 3. Position Trading
⏱ Timeframe: Weeks to months (or even years)
🎯 Goal: Follow long-term macro or trend-based strategies
🧰 Tools: Fundamental analysis, market trends, patience
👤 Trader Profile: Strategic, big-picture thinker, patient