> For the complete documentation index, see [llms.txt](https://docs.tread.fi/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.tread.fi/creating-and-submitting-orders/strategies.md).

# Strategies

Strategies are **pre-configured execution methods** designed to help traders achieve specific trading objectives. Each strategy is built on a core execution trajectory—such as [**VWAP**](/creating-and-submitting-orders/advanced-settings/trajectories/vwap.md)**,** [**TWAP**](/creating-and-submitting-orders/advanced-settings/trajectories/twap.md)**,** [**Target Time**](/creating-and-submitting-orders/advanced-settings/trajectories/target-time.md)**, or** [**Implementation Shortfall**](/creating-and-submitting-orders/advanced-settings/trajectories/is.md) **-** with additional pre-configured advanced settings that control how trades interact with the market. These strategies streamline execution decisions, allowing traders to optimize for **speed, cost efficiency, and market impact**.

**Available Strategies**

<figure><img src="/files/B1IQL5za2SycfSmNc5Rn" alt="" width="467"><figcaption></figcaption></figure>

* [**Impact Minimization**](/creating-and-submitting-orders/strategies/impact-minimization.md) – Spreads orders over time to reduce market impact using a **VWAP trajectory**. Ideal for large trades requiring discreet execution.
* [**Time Constant**](/creating-and-submitting-orders/strategies/time-constant.md) – Executes trades at a **consistent rate** over a fixed duration. Suitable for traders who need steady, predictable execution.
* [**Target Participation Rate**](/creating-and-submitting-orders/strategies/target-participation-rate.md) – Adjusts execution dynamically to maintain a **fixed percentage of market volume**. Ensures proportional participation based on real-time trading activity.
* [**Market Maker**](/creating-and-submitting-orders/strategies/market-maker.md) – Places **passive-only limit orders** to maintain market presence while minimizing taker fees. Best suited for cost-sensitive strategies.
* [**Aggressive Taker**](/creating-and-submitting-orders/strategies/aggressive-taker.md) – Prioritizes **speed** with front-loaded execution, ensuring quick fills. Ideal for urgent trades requiring immediate liquidity.
* [**Aggressive Maker**](/creating-and-submitting-orders/strategies/aggressive-maker.md) – Uses **passive-only limit orders** with a 25% participation target, balancing execution speed and cost efficiency.
* [**Target Time**](/creating-and-submitting-orders/strategies/target-time.md) – Concentrates execution around a **specific future event**, making it ideal for event-driven trading strategies.

Each strategy is designed to align execution with **market conditions and specific trading goals**. For detailed configurations and use cases, refer to individual strategy sections.