Performs many quick operations (minutes or seconds).
Seeks small constant gains.
Requires high concentration and good execution.
2. Day Trader
Opens and closes trades within the same day.
Avoids leaving positions open overnight.
Uses technical analysis and immediate news.
3. Swing Trader
Holds trades for days or weeks.
Relies on market patterns and cycles.
Requires patience and technical/fundamental analysis.
4. Position Trader (or Trend Trader)
Trades long-term (weeks or months).
Focuses on large market movements.
Uses fundamental analysis and macroeconomic trends.
🎯 According to the strategy:
5. Technical Trader
Uses charts, indicators, and price patterns.
Does not focus on news or fundamentals.
6. Fundamental Trader
Bases their decisions on economic, political, or financial data.
Common in stocks, forex, and cryptocurrencies.
7. Quantitative Trader (Quant)
Uses algorithms, mathematical models, and statistics.
Trades in an automated manner.
8. News Trader
Takes advantage of the volatility generated by events.
Trades quickly after economic or political announcements.
🧠 According to the psychological approach:
9. Discretionary Trader
Makes manual decisions based on their experience and judgment.
10. Systematic Trader
Follows fixed or automated rules.
Reduces the emotional component.