#TradingTypes101 Scalpers:
They operate on very short-term, seeking profits from small price movements, sometimes in seconds or minutes.
Day Traders:
They open and close positions within the same day, aiming to capture intraday movements.
Swing Traders:
They hold positions for several days or weeks, taking advantage of short and medium-term trends.
Position Traders:
They adopt a long-term strategy, holding positions for weeks, months, or even years, seeking to capitalize on long-term price trends.