Types of Trading Styles: Explained
Forex strategies often have recommendations that have the following statement:
"Suitable for Day trading" or "Best for "Swing Trading".
But what does that actually mean?
| Trading Style | Time Frame | Trade Duration |
|---|---|---|
| Day Trading | Short-term | Trade lasts less than 1 day, never kept overnight |
| Swing Trading | Medium-term | Trade lasts for several days, up to a few weeks |
| Position Trading | Long-term | Trade lasts from several weeks to years |
| Scalping | Short-term | Trade lasts around 1 minute, but less that 5 minutes |
Post new comment