Scalping, Day Trading, Swing Trading, and Position Trading
Understanding the Key Trading Styles Written by: Crypto Bubbles
Scalping:Scalping is a lightning-fast trading style aimed at capitalizing on small gains from swift price movements. It involves executing multiple trades in a single day, often on time frames as short as one to five minutes.Day Trading:Day trading revolves around opening and closing positions within the same trading day. Day traders commonly focus on time frames ranging from five minutes to one hour.Swing Trading:Swing trading permits the holding of positions for several days to a few weeks. Traders blend technical and fundamental analysis, scrutinizing time frames such as the 4-hour, daily, or weekly charts.Position Trading:Position trading is a patient, long-term investment strategy in which traders and investors plan to retain positions for extended durations, which can span months or even years.