In general, there are 5 different types of trading approaches.
Automated Trading: Using an EA, to analyze, open and close trades automatically.
Position Trading: In this approach, Lot sizes are smaller, and trades are held for 1-4 Weeks.
Swing Trading: These traders have slightly bigger Lot sizes, and hold trades for 3-5days.
Day Trading: These traders have big Lot sizes, closing a trade latest at the end of the trading day.
Scalping: These traders trade very big Lots, and hold trades for as little as just a few minutes.