For new traders, understanding different trading types is essential. There are mainly three: scalping, day trading, and swing trading. Scalping involves holding positions for seconds or minutes, aiming for small but frequent profits. Day trading means opening and closing trades within the same day, often based on short-term price movements. Swing trading involves holding positions for days or even weeks, focusing on larger price swings. Your ideal trading style depends on your time, risk tolerance, and goals. Knowing the differences can help you trade smarter and choose a strategy that fits you best. #TradingTypes101
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.