#TradingTypes101

Main Trading Types:

Day Trading:

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

Swing Trading:

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

Long-Term Trading:

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

Scalping:

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

Trading Strategies:

Speculation:

Characterized by the speed of buying and selling to achieve short-term profits.

Technical Trading:

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

Fundamental Trading:

Relies on fundamental analysis of economic indicators and news that affect the value of the assets you hold.