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Swing trading is a medium-term trading technique that involves keeping positions for a few days to a few weeks in order to profit from market fluctuations.


Position trading is a long-term trading tactic that involves keeping positions for a number of months to a number of years.


Trading based on news events and the publication of economic data is known as "news trading."

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Here are some of the popular forex trading tactics up to that point:

Algorithmic Trading: With advancements in technology, algorithmic trading involves using automated trading systems or "trading bots" to execute trades based on predefined rules and algorithms.

Trend Following: Traders using this tactic aim to identify and ride established trends in the market.

Day Trading: This involves making multiple trades within a single day, aiming to profit from short-term price movements.

It's important to note that each trading tactic has its own set of risks and requirements, and there is no one-size-fits-all approach. Traders often combine elements from different strategies to create a personalized approach that suits their risk tolerance, trading style, and market conditions.  

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Trend trading is one of the most popular - and straightforward - tactics since the only requirement is that you trade in the direction of the current market.

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