#TradingTypes101 The world of trading includes various types of approaches that cater to different investor profiles. Some traders prefer day trading, where positions are opened and closed on the same day. Others opt for swing trading, holding positions for days or weeks to take advantage of broader trends. There is also scalping, a style that involves many quick trades and small profits. On the other hand, algorithmic trading uses automated software to trade according to predefined parameters. Each type of trading requires different skills, risk tolerance, and available time. Therefore, it is essential to understand each style well before starting.