#TradingTypes101 "Understanding the Types of Trading You Need to Know"
Trading is the activity of buying and selling assets with the aim of making a profit. There are several types of trading that you need to know, including:
1. *Scalping:* Short-term trading that is done in a short period of time, usually minutes or hours.
2. *Day Trading:* Trading that is done within a day, with positions closed before the market closes.
3. *Swing Trading:* Trading that is done over a period of several days or weeks, with positions closed when the trend changes.
4. *Position Trading:* Long-term trading that is done over a period of several months or years, with positions closed when the trend changes.
- What type of trading is most suitable for you?
- How do you determine the right type of trading?