#MyTradingStyle Choose a Trading Style That Suits Your Personality
In financial trading, there are generally four main trading styles you’ll adopt: position trading, swing trading, day trading, and scalping. There are more categories or subcategories, of course, but for our purposes, let’s focus on these four.
Trading Style: Position Trading
Duration of Trade: Duration wise, position trading is the longest of all, from months to several years.
Time Commitment: This trading style requires lower daily commitment as it’s more focused on long-term trends.
Research and Preparation: To trade longer-term trends, you will need to do plenty of technical and fundamental research to make solid valuation forecasts.