#TradingTypes101 "New to trading? Let's break down the basics! There are several types of traders:
1. Day Trader: Buys and sells within a day, closing positions before market close.
2. Swing Trader: Holds positions for days or weeks, riding market trends.
3. Position Trader: Long-term focus, holding positions for months or years.
4. Scalper: Makes multiple small trades, taking advantage of small price movements.
5. Algorithmic Trader: Uses automated systems to execute trades.
Which type of trader are you? Understanding your style is key to success in the markets! #TradingTypes101