A: There are several trading strategies, each with its own approach and time horizon. Some of the main types include:
- Day Trading: Involves buying and selling assets within the same trading day, with the goal of profiting from short-term price movements. Day traders typically do not hold positions overnight.
- Swing Trading: Involves holding positions for several days to weeks, aiming to profit from medium-term price swings. Swing traders use technical and fundamental analysis to identify potential entry and exit points.
- Scalping: Involves making numerous small trades throughout the day to capture small price movements. Scalpers aim to make quick profits with minimal exposure to market risk.
- Position Trading: Involves holding positions for weeks, months, or even years, with the goal of profiting from long-term trends. Position traders rely on fundamental analysis to identify undervalued or overvalued assets.