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Three Types of Forex Traders

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Three Types of Forex Traders in General Forex Discussion_xx
1. Daily Trader

A Day Trader usually enters the market in order to exit or close a trading position (exit) before the trading session's day ends. This type of forex trader requires a fast and stable internet connection, a powerful computer with multiple monitor screens and sufficient backup systems, real-time price quotes and good order execution

2.swing Trader

Trading by swing is basically holding a trading position within a day to a week, or sometimes more than that. A Swing Trader does not require real time data or super-quality order execution.

3.Long-Term Position Trader

After opening a trading position, a long-term trader will hold his position for several weeks or even several months. Thus, this type of forex trader does not really need a super fast internet connection or real time data.


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#1 - February 23, 2019, 07:25:32 AM

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I choose the best type.
The best type of trader certainly depends on the style of each trader because people's tastes are different
#2 - December 03, 2019, 08:07:02 AM

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It seems I am more into the daily trader but more often I take many positions in one day or more inclined to the scalping style.
#3 - December 03, 2019, 10:52:20 PM

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The classification of types of trading and their selection are certainly based on the needs in trading and also the characteristics of the trader. 

of the three types described at the outset, I think all have the same advantages.
#4 - December 04, 2019, 04:16:30 AM

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Maybe I am a daily trader, because I only trade and look for daily profits with a short analysis on the H4 and H1 timeframes.
#5 - December 05, 2019, 11:34:40 AM

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Daily trading that I like, make profit interday with short analysis on each session.
#6 - December 12, 2019, 01:37:44 AM

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Daily trading that I like, make profit interday with short analysis on each session.
indeed, I mostly see many traders who choose day trading because they can get profits in a short time and do not require a long time to be able to open a position again
#7 - December 20, 2019, 02:22:44 AM

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Each type of order represents a trader's condition and style, I am more inclined to style an instant order than a pending order and I very rarely open a pending order transaction except when I really doubt and have no signal in my trading system.
#8 - December 23, 2019, 11:17:30 AM

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If I type scalper because I don't really like floating for a long time and usually I enter the market at night after the American market opens around 8:30 pm, I usually use the M5 time frame reference m15 to H1 I only take reversals but sometimes like follow me anyway and I'm comfortable just comfortable with scalping trading style aside from rarely being exposed to floating for a long time also my activities outside besides trading can be carried out without being interrupted, that's a comfortable scalper but back to each of them the important thing is just comfortable and always happy
#9 - December 24, 2019, 01:09:38 AM

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If I type scalper because I don't really like floating for a long time
The advantages of the type scalper are like that and I also have a scalping style with the reason I have the type of being impatient in waiting either waiting for the moment of entry, waiting for take profit to be touched and so on so I like short-term trading.
#10 - December 24, 2019, 03:15:25 AM

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