Types of Trading
There are essentially three styles of trading when it comes to the length of a trade. They range from short term to long term trading. Traders will usually select a style depending on their profit goals and style of analysis.
Types of Trading
1. Swing Trading
This is medium to long term trading. It spans anywhere between a few days up to a few weeks. Traders aim at capturing high number of pips per trade.
2. Day Trading
This is short term trading. Traders close all trades before the day is over. This is so their trades don’t get exposed to interest.
3. Scalping
Scalping is short term trading and traders only seek to capture a few pips worth of profit per trade. Scalpers might only stay in a trade for up to a few minutes.