#TradingTypes101 #TradingTypes101 The differences between day trading, scalping, and swing trading are mainly the time a trade is held and the frequency of the trades:
• Scalping: It is the fastest strategy, with trades lasting seconds or minutes. The scalper seeks small profits from many very short movements and makes many trades per day.
• Day trading: It involves opening and closing positions within the same day, but trades can last minutes or hours. The day trader does not hold positions overnight, avoiding overnight risks.
• Swing trading: Positions are held from several days to weeks, looking to take advantage of broader movements and market trends. The swing trader accepts pullbacks and greater risk to achieve higher profits.