Georgia O' Keeffe
Trading strategies are based on different formats. For example, Day trading is concerned with the method of buying and selling securities the same day. In Position trading however, the trader looks for a trend that emerges over a period of time and then invests accordingly. People using this strategy can ride both the low and high waves profitably by entering when a trend is established and exiting once it breaks. Swing trading involves buying or selling when the price volatility sets in at the end of a trend. Scalping is different as the traders in this strategy buy at the bid price and sell at the ask price in a short time frame, thereby reducing their risk. Trading is a high-risk environment and there is no perfect strategy that works in all situations. Thus, one has to be careful while adopting any strategy.