#TradingTypes101 There are 4 types of trading:
1. **Day Trading**: Buying and selling within a day.
2. **Swing Trading**: Positions lasting from a few days to a week.
3. **Position Trading**: Long-term investments, lasting months or years.
4. **Scalping**: Many short-term trades in a day.
Each type has its own strategy and risk. Traders choose according to their profile and objectives. Day trading and scalping are for active traders, while swing and position trading are for patient ones. The key is to understand the market and manage risk. XRP is popular for day trading and scalping.