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