Trading strategies are systematic methods used by traders to make decisions about buying and selling assets in financial markets. These strategies can be based on various factors, including technical analysis, which involves studying price charts and patterns, or fundamental analysis, which focuses on economic indicators and company performance.
Different types of trading strategies include day trading, where positions are opened and closed within the same day, and swing trading, which involves holding positions for several days or weeks. Each strategy has its own risk and reward profile, allowing traders to choose one that aligns with their goals and risk tolerance.