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Types of Trading
1. Day Trading: The trader executes short trades during the day and closes them before the end of the session to avoid the risks of overnight changes.
2. Scalping: Considered the fastest type of trading, where trades are opened and closed within minutes or seconds to achieve small, repeated profits.
3. Swing Trading: Relies on holding trades for several days to benefit from larger price movements.
4. Position Trading: The trader holds the position for weeks or months, relying on fundamental analysis and major trends.
5. Automated Trading: Using robots or specialized software to execute trades according to predefined strategies.
6. News Trading: Focuses on exploiting market fluctuations resulting from economic data or political events.
Each type requires specific skills and tools and is chosen based on the trader's goals and risk tolerance.
