#TradingTypes101
There are several main trading styles, each suited to different goals and personalities. Scalping focuses on quick trades lasting seconds or minutes, aiming for small, frequent profits. Day trading involves opening and closing positions within the same day to take advantage of short-term market movements. Swing trading holds trades for days or weeks, targeting medium-term price swings. Position trading (or trend trading) is long-term and based on capturing big market moves, often using fundamental analysis. Algorithmic trading uses automated strategies and code to execute trades. Copy trading allows beginners to mirror experienced traders, while HODLing is common in crypto, involving long-term holding rather than frequent trading. Choosing the right style depends on your time, risk tolerance, and strategy.