What type of trader are you? - page 4
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Trend Trading:
A style of trading that attempts to profit from riding short, medium or long term trends in price.
Range Trading:
A style of trading that attempts to profit from buying and selling currencies between a lower level of support and an upper level of resistance. The upper level of resistance and the lower level of support defines the range. The range forms a price channel where the price can be seen to oscillate between the two levels of support and resistance.
News Trading:
A style of trading whereby a trader attempts to profit from fundamental news announcements on a country's economy that may affect the value of a currency, usually seeking short term profit immediately after the announcement is released.
Scalping:
A style of trading that involves frequent trading seeking small gains over a very short period of time. Trades can last from seconds to minutes.
Day Trading:
A style of trading that involves multiple trades on an intra-day basis. Trades can last from minutes to hours.
Swing Trading:
A style of trading that involves seeking to profit from short to medium term swings in trend. Trades can last from hours to days.
Carry Trading:
A style of trading whereby the trader attempts to profit from holding a currency with a higher rate of interest and selling a currency with a lower rate of interest, profiting from the daily interest rate differential of the position.
Position Trading:
A style of trading that involves taking a longer term position that reflects a longer term outlook. Trades can last from weeks to months.
Discretionary Trading:
A style of trading that uses human judgement and decision making in every trade.
Automated Trading:
A style of trading that involves neither human decision making nor involvement, but uses a pre-programmed strategy based on technical or fundamental analysis to automatically execute trades via an automated software programme.Hye,
My trading style is mixed with scalping and position. I always prefer to go for short profit but at the technical levels i usually go with positioning style, so it is mixed strategy.
I am scalper
Scalping on 1m chart.
I am a day trader because I do not have other time to trade, though sometime I trade at night but day is still the best time to trade for me.
I am a salper . Scalping is quick way of earning .We can make handsome amount in low time period. I started trading withnormal trading . After some experience I did scalping Scalping need experience to manage lots and accounts. If our analysis is not good we can face high loss too .
In most cases, colossal positivity tend to be more tempting but harmful than colossal negativity, especially when it comes to irrational thinking. It’s helpful not to be too happy when there is colossal positivity. People tend to open illogical trades after the markets have smiled on them for a long time.
I'm a scalper and a day trader, trading on m1, m5 and m15 sometimes.