#TradingTypes101

In the world of trading, there are various types of strategies and approaches that traders use to maximize profits or mitigate risks. Some of the most common trading types include day trading, swing trading, scalping, and position trading.

* **Day Trading** involves buying and selling assets within the same day. Day traders capitalize on short-term price fluctuations, often making multiple trades throughout the day.

* **Swing Trading** is a medium-term strategy where traders aim to profit from price "swings" or trends that last a few days to weeks.

* **Scalping** is one of the fastest-paced trading strategies, focusing on small price gaps that occur within seconds or minutes. Scalpers make many trades per day to accumulate small profits.

* **Position Trading** is a longer-term strategy where traders hold positions for weeks, months, or even years, relying on fundamental analysis to make decisions.

Understanding the differences between these trading styles is essential to choosing one that aligns with your risk tolerance, time commitment, and market knowledge.