Types of Trading 101: A Guide for Beginners
Types of Trading
- *Day Trading*: Involves buying and selling financial assets within a single day, aiming to benefit from short-term price fluctuations.
- *Swing Trading*: Involves holding financial assets for a longer period than day trading, usually from days to weeks or months.
- *Long-Term Trading*: Involves holding financial assets for a long time, typically from years to decades, with the aim of benefiting from long-term growth.
Trading Strategies
- *Technical Trading*: Relies on analyzing charts and price patterns to identify trading opportunities.
- *Fundamental Trading*: Depends on analyzing the economic and financial factors of companies and markets to identify trading opportunities.
Tips for Beginners
- *Continuous Learning*: Beginner traders should