#TradingTypes101 is a great starting point for learning the various styles and strategies traders use in financial markets. Here’s a quick overview of the main types of trading:
📈 1. Day Trading
Timeframe: Intraday (buying and selling within the same day).
Goal: Profit from small price movements.
Tools: Technical analysis, chart patterns, volume indicators.
Best For: Active traders with time and quick decision-making skills.
⏱️ 2. Swing Trading
Timeframe: Days to weeks.
Goal: Capture short- to medium-term trends.
Tools: Technical and fundamental analysis.
Best For: Part-time traders who can monitor positions regularly.
💼 3. Position Trading
Timeframe: Weeks to months (even years).
Goal: Profit from long-term trends and macroeconomic moves.
Tools: Fundamental analysis, trend following.
Best For: Patient investors focused on bigger picture moves.