#OrderTypes101 Understanding Trading Types: A Beginner’s Guide

Trading types refer to different approaches that traders use to make money in the market. Common types include day trading, swing trading, and position trading. Day trading involves buying and selling within the same day, while swing trading is holding positions for days or weeks. Position trading is a longer-term approach that may last months or years. Understanding these trading types is crucial because it helps you choose a strategy that suits your risk appetite and time commitment. Always research thoroughly before choosing a trading style.