#TradingTypes101

Confused by trading jargon? Let's break down the main types!

Day Trading: Fast-paced, opening and closing positions within the same day to profit from small price movements. Requires intense focus and quick decision-making.

Swing Trading: Holding positions for a few days or weeks to capture larger price swings. Less time-intensive than day trading, focusing on technical analysis and market trends.

Position Trading: A long-term approach, holding assets for months or even years. Based on fundamental analysis and major economic trends, ignoring short-term fluctuations.

Scalping: Extremely short-term, aiming for tiny profits from numerous trades throughout the day. High frequency and precision are key.

Understanding your personality, risk tolerance, and available time will help you choose the best trading style for your financial goals. Which one resonates with you?