#TradingTypes101
Trading comes in many forms, each suited to different goals and lifestyles. Day traders buy and sell within the same day, relying on quick decisions and market movements. Swing traders hold positions for days or weeks, aiming to capture short-term trends. Position traders think long-term, often based on fundamentals. Scalpers make rapid trades for small profits, needing speed and discipline. Algorithmic trading uses bots for precision and speed. Then thereโs options trading, which deals in contracts and strategies like calls and puts. Lastly, crypto trading is 24/7 and highly volatile. Understanding these types helps traders find what fits best.
