#TradingTypes101

Algorithmic trading, also known as algo-trading, uses computer programs to execute trades based on pre-set instructions. These algorithms can analyze market data, identify trading opportunities, and automatically place orders. Algorithmic trading is used by both institutional and retail traders to automate trading strategies, improve execution speed, and reduce emotional decision-making. This type of trading can be applied to various time horizons and trading styles.

The different types of trading include day trading, swing trading, position trading, scalping, algorithmic trading, momentum trading, news trading, and high-frequency trading.