#OrderTypes101

Main Trading:

Daily Trading:

Involves opening and closing trades on the same day, requiring close monitoring of asset prices and quick decision-making.

Swing Trading:

Involves holding trades for periods ranging from days to weeks, with less monitoring of open positions.

Long-term Trading:

Focuses on holding trades for long periods, which may extend to months or years, with the goal of achieving long-term growth.

Scalping Trading:

Involves opening very short trades, which may last seconds or minutes, and requires quick decision-making and executing multiple trades to achieve small profits.

Trading Strategies:

Speculation:

Characterized by speed in buying and selling with the goal of achieving short-term profits.

Technical Trading:

Relies on technical analysis to estimate price trends and determine entry and exit points.

Fundamental Trading:

Relies on fundamental analysis of economic indicators and news that affect asset values.