4 TYPES OF FOREX TRADERS


Position Trader:

This type of trader observes weekly, monthly or yearly time frame to place trade.

Swing Trader:

This type of trader uses several days or daily time frame to weeks to place their trades.

Day or IntradayTrader:

The trader studies Minutes, hours or slightly higher time frame to place trade, they never leave trade to run overnight.

Scalper

Scalper trades in Seconds to minutes, they enter trade, take some profits and close the trade quickly.

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