#TradingTypes101 I was a high-profile forex scalping trader.
Trading, or negotiating in financial markets, can be classified according to various criteria, with the most common being the duration of the trades: scalping, day trading, swing trading, and position trading. Additionally, there are strategies based on technical analysis, fundamental analysis, algorithmic trading, and copy trading.
Types of Trading According to the Duration of the Trades:
Scalping:
Very short-term trades, from seconds to minutes, focused on taking advantage of small price fluctuations.
Day Trading:
Trades that are opened and closed on the same day, seeking profits during the day.
Swing Trading:
Trades that last several days or weeks, taking advantage of price movements.
Position Trading:
Long-term trades, which can last weeks, months, or even years, based on the evolution of trends.