#TradingTypes101
Find Your Perfect Fit* 💹
Understanding different trading styles is key to success. Here's a breakdown:
1. *Scalping* 🕒
- Timeframe: Seconds to minutes
- Fast-paced, high-frequency trades
- Goal: Small profits from quick price moves
- Best for: Action-lovers with constant chart monitoring
2. *Day Trading* 🕓
- Timeframe: Intraday (no overnight positions)
- Multiple trades per day
- Goal: Capture daily price action
- Best for: Full-time traders & disciplined minds
3. *Swing Trading* 📆
- Timeframe: Days to weeks
- Uses technical + fundamental analysis
- Goal: Ride short- to medium-term trends
- Best for: Part-time traders with other commitments
4. *Position Trading* 📅
- Timeframe: Weeks to months (or longer)
- Big-picture mindset
- Goal: Capitalize on major trends
- Best for: Patient investors with strong conviction
5. *Algorithmic/Quant Trading* 🤖
- Code-based strategies
- Backtested logic, fast execution
- Goal: Eliminate emotions, automate edge
- Best for: Coders, data-driven minds
Which trading style suits you best?