#TradingTypes101 Trading Types 101

Trading involves various approaches, each with distinct characteristics. Day trading focuses on profiting from intra-day price movements, with all positions closed before market close. This requires constant monitoring and quick decision-making. Swing trading aims to capture short-to-medium-term price swings, holding positions for a few days to several weeks. It's less intensive than day trading but still requires active management. Position trading is a long-term strategy, holding assets for months or even years based on fundamental analysis, largely ignoring minor price fluctuations. Finally, scalping is ultra-short-term, profiting from tiny price changes, often within seconds or minutes, demanding extreme precision and speed. Your chosen type depends on risk tolerance, time commitment, and financial goals.