types of trader
TRANSCRIPT
Types Of TraderThere are many types of trader, find out which one
you are, Scalper, Day trader, Swing trader or Position trader, and what it means...
Trades the Tick or 1 Minute chartTries to catch quick moves in the market
In and out in less than an hour,sometimes minutes
Trades a few times an hourThese guys enjoy lots of action
Scalper
The Scalper And The Day Trader
Day TraderTrades the 5 - 15 Minute chartTries to catch the market move of the day
In and out in the same dayUsually in less than a couple of hours
Trades a few times a dayThese guys enjoy lots of screen time
(Also includes Trend trading)Trades the 1 Hour or 4 Hour chart
In and out in a few weeksbut some trades can run for months
Trades a few times a weekThese guys are quite relaxed
Swing Trader
The Swing Trader And The Position Trader
Position Trader
Trades the Daily and Weekly chartsTakes a long term perspective
Positions are often left to run for months, sometimes years
Trades a few times a monthThese guys also observe fundamentals
Produced by
If you enjoy lots of action become a Scalper
If you enjoy lots of screen time thenit’s Day Trading for you
For a more relaxed approach trySwing/Trend trading
If you are into fundamentalsLong term Position Trading will be your choice
Types Of Trader