#TradingTypes101
📊 #TradingTypes101: Introduction to Trading Styles
Not all traders are the same! Whether you're just starting out or refining your strategy, understanding the different types of trading is key to finding your fit in the market. Here's a quick breakdown:
1. Day Trading
⏰ Timeframe: Intraday (positions closed the same day)
⚡ Style: Fast-paced, requires constant attention
📈 Goal: Profit from short-term price movements
2. Swing Trading
⌛ Timeframe: Days to weeks
🧠 Style: Technical and fundamental analysis
🎯 Goal: Catch short- to medium-term price swings
3. Scalping
⚡ Timeframe: Seconds to minutes
🔍 Style: High-frequency, very quick trades
💰 Goal: Small profits from tiny price changes — volume matters!
4. Position Trading
📅 Timeframe: Weeks to months (or even years)
🧘♂️ Style: Long-term, based on fundamental trends
🚀 Goal: Maximize returns from big moves
5. Algorithmic Trading
🤖 Timeframe: Any (programmed strategies)
🧠 Style: Automated, logic-driven
🛠️ Goal: Use code to identify and act on opportunities
6. News-Based Trading
📰 Timeframe: Minutes to days
📊 Style: Reactions to economic data, earnings, or news
⚖️ Goal: Trade volatility caused by real-world events