#TradingTypes101 #TradingTypes101 Whether you’re just getting started or refining your strategy, knowing the different types of traders is essential for success.
Day Traders enter and exit positions within the same trading day, aiming to profit from short-term price movements.
Swing Traders hold positions for several days to weeks, capitalizing on price “swings” in the market.
Position Traders think long-term—holding assets for months or even years, ignoring short-term volatility.
Scalpers are lightning-fast, executing dozens (or hundreds) of trades per day for tiny profits.
Algorithmic Traders rely on code and models to automate their trades based on specific criteria