In trading, there are several types of trading styles, all slightly different in their approaches but not fundamentally so, as we established in the previous article that the underlying logic is the same.
I would highlight three main trading styles:
Let's go through each one, and I'll provide examples.
These are long-term positions that can be held for weeks, months, or even years. This trading style is based on working with higher timeframes, such as:
This is a trading style where a position can be held from a day to a week. This approach is somewhat in between position trading and intraday trading.
Main timeframes:
Intraday trading is a style where positions are opened and closed within the same day.
Main timeframes: