#TradingTypes101
When entering the world of trading, one of the first things you should understand is the type of trader you are or want to become. This decision can shape your entire strategy, risk tolerance, and even daily routine. Are you a scalper, making multiple trades a day for small profits? Or maybe a day trader, holding positions for hours and closing before the market ends? Some prefer swing trading, holding for days or weeks to catch larger moves. Others go long-term as position traders, focusing on fundamentals and trends over months or even years. Each style has its own mindset, tools, and challenges. Choose wisely, test your strategies, and always stay disciplined. Your success depends on consistency, not speed!