4 Types of Trading Styles

There are various methods used to trade Forex and each with different ideas about how often to trade, how long to hold a position, and when to enter or exit the market. We have listed the 4 most common trading styles for your reference.

Scalpers

Scalping is a trading style that specializes in profiting off of small price changes and making a fast profit off reselling.

Day Traders

A Day Trader is a type of trader who executes a relatively large volume of short and long trades to capitalize on intraday market price action. These kinds of traders do not hold their trades overnight.

Swing Traders

Swing Trading is a strategy that focuses on taking smaller gains in short-term trends and cutting losses quicker. Swing Traders can hold on to trades for several days to several weeks at a time.

Position Traders

Position Trading is a strategy wherein a trading position is held for a long period (generally weeks or months) to achieve profit.