#TradingTypes101 #TradingTypes101
The types of trading vary according to the duration of the trade, the trader's strategy, and their risk tolerance. Some of the most prominent types are:
Day Trading: Opening and closing trades on the same day, requiring continuous monitoring and real-time analysis.
Swing Trading: Holding a trade for several days or weeks to benefit from medium market fluctuations.
Position Trading: Investors target holding an asset for long periods, ranging from months to years.
Trading Bots: Conducted through programs that automatically execute trades based on pre-defined strategies.
Each type suits a particular trading style; for example, a full-time trader may succeed in day trading, while someone working full-time may prefer swing or position trading. It is important to try more than one type to find the most suitable, while adhering to capital management and avoiding excessive risk.