| Identify Different Trading Personalities by Timeframe |
|
Written by admin, May 29th, 2011
|
|
As a forex expert I can identify different trading personalities by timeframe. Take a look at these different styles and see which one may fit you. * Scalping – Scalpers are very short-term traders, usually in and out of trades within seconds. Most Forex brokers discourage this type of trading. It’s also extremely dangerous due the high number of lots required to make a decent profit off a couple pips. Not for the faint of heart or shallow pockets. * Day traders – Day traders open and close positions in the same trading session. * Swing traders – Swing trading holds trades for days. * Position trading – Long term position traders hold trades from weeks to months at a time. To gain more knowledge on how you should best trade visit http://forexexpert.net/
|