#TradingTypes101
The four main types are scalping, day trading, swing trading, and position trading. They vary according to the duration of positions and the trading strategy employed.
- Scalping: it is a very short-term trading strategy where traders aim to profit from small price fluctuations. ⏱️
- Day Trading: involves buying and selling assets within the same trading day, that is, from 9:30 a.m. to 3:30 p.m. The goal is to take advantage of short-term price fluctuations, and traders close their positions at the end of the day to avoid the risk of price fluctuations overnight. 🌃
- Swing: Unlike day trading, swing traders can hold positions overnight or for several days, seeking to benefit from price fluctuations.⚖️
- Position Trading: Position trading focuses on long-term trends and can span weeks, months, or even years. 👺💸
- Did you identify with any of these? Comment below!
