Forex Zone - Forex Forum

Three Types of Forex Traders

Discussion started on General Forex Discussion

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
the most that I see is daily trading but specifically for me I chose for the long term not because I wanted to but indeed the momentum I chose was right so that the momentum could only be generated for one time Open a position with big profits so all
#286 - August 03, 2023, 02:51:53 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
What is most important here is how we can trade in the medium to long term because the longer the better it is for training you to become a professional.
#287 - August 04, 2023, 03:48:16 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
here the important thing is to use a higher timeframe but when you can use a lower timeframe it doesn't matter either but do try to always be a medium or long term trader
#288 - August 05, 2023, 02:31:22 AM

  • Hero Member
  • Posts: 18262
  • Points: 6237
  • Likes Received: 71
  • Reputation: +2/-0
If you want to be calm in sleep, then you should avoid the day trader strategy if you don't sleep soundly while holding a position that is still active.
#289 - August 05, 2023, 02:34:24 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
when you trade forex you should be able to choose which one is right for you. Are you a daily type or are you a medium-term or long-term type, all of that you should be able to get and practice
#290 - August 06, 2023, 06:43:28 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
At first, I did use trading on a daily basis, but over time, in my opinion, it was difficult because for the problem of trends, it cannot be used in one day. So I decided for at least 1 week.
#291 - August 07, 2023, 07:24:31 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
the use of trading activity depends on your time if you are busy you should use long term if you are not busy then you can use short term or use day trading
#292 - August 08, 2023, 05:07:47 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
I can only suggest making a long-term trader because when you become a short-term trader your activities will be disturbed. You only focus on trading and ignore your other activities.
#293 - August 09, 2023, 05:17:23 AM

  • Hero Member
  • Posts: 18262
  • Points: 6237
  • Likes Received: 71
  • Reputation: +2/-0
Actually, according to trading psychology, the best thing is swing trading, even though the results tend to take a long time, we feel calm.
#294 - October 11, 2023, 01:36:45 PM

Members:

0 Members and 2 Guests are viewing this topic.