#TradingTypes101 When diving into the world of trading, one of the first things to understand is the type of trader you are. Are you a scalper, day trader, swing trader, or a long-term investor? Each type has its own rhythm and strategy. Scalpers thrive on quick decisions and lightning-fast trades, sometimes within seconds. Day traders open and close positions within the same day, avoiding overnight risk. Swing traders hold positions for days or weeks, relying heavily on technical analysis. Long-term investors, on the other hand, play the long game, focusing on fundamentals. Knowing your style is key to building a consistent strategy.
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