#TradingTypes101 Understanding the Basics: Types of Trading
Are you new to trading? Want to refresh your knowledge? Let's dive into the main types of trading:
*Day Trading*: Buying and selling within a single trading day, closing positions before the market closes.
*Swing Trading*: Holding positions for a shorter term, typically 2-5 days, to capture price movements.
*Position Trading*: Long-term trading, holding positions for weeks, months or even years, riding market trends.
*Scalping*: Making multiple small trades in a short period, taking advantage of small price movements.
Which type of trading best suits your style? Share your experiences and tips!