#TradingTypes101

There are 4 main trading styles.

There are 4 types of trading: scalping, day trading, trend trading, and position trading.

The duration of trades determines the difference between the styles. Scalping trades are held for just a few seconds or at most a few minutes. Day trades last from a few seconds to a few hours. Scalpers can be held hostage for a few days. Position trades are held for a period ranging from a few days to a few years.

New traders may find it difficult to determine which trading strategy best suits their personality. However, to achieve long-term success as a professional trader, you must do so. You can still find your trading style if you are a trader and have not yet identified it.