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Once you’ve
started your education, one of the
first questions you want to answer is
how you are going to trade. Making
this decision is going to tell you
what you’re next level of education
will be about. Are you going to scalp,
day trade, swing trade, or buy and
hold for the long run?
Scalping
Scalping involves buying large
quantities of shares in a stock, and
you are just looking for a small move
in the stock price.
Day trading
Day trading is similar to scalping but
you are looking for bigger moves in
the price, and you do not hold the
stock overnight.
Swing trading
Swing trading is when you buy a stock
and hold it for a short period of time
looking for a substantial move in the
price.
Buy and hold
Buy and hold is when you plan on
holding on to the stock for a long
time. You believe the company is going
to grow in value and the price is
going to go much higher.
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