#TradingTypes101# — Types of Trading in Simple Terms 💬
In trading — like in martial arts: each style has its own philosophy, technique, and result. Let's get acquainted with the main trading styles and... 🚀 I announce the recruitment to the Club of Algorithmic Traders! Suitable for both beginners and pros: find your style — we will help you strengthen it with algorithms 💎 1. 🕐 Scalping
📌 Essence: trades lasting from a few seconds to a couple of minutes.📈 Goal: to take micro profits from each movement.⚙️ Character: needs quick reaction, discipline, and strong nerves.
2. 📆 Day Trading
📌 Essence: entering and exiting trades within one day.📈 Goal: to earn on daily fluctuations.☕ Tools: technical analysis, charts, news, discipline.
3. 🗓 Swing Trading
📌 Essence: holding positions from several days to weeks.📈 Goal: to catch large price waves.🧘♂️ Skill: patience and understanding of market psychology. 🧪. The swing approach perfectly combines with semi-automated trading.
4. 📅 Position Trading
📌 Essence: trades lasting weeks and months.📈 Goal: to work with trends, not noise.📊 Approach: fundamental analysis and large time frames.