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Types of forex traders
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[QUOTE="quindene, post: 237876, member: 73227"] There are four main types of forex traders depending on features such as trading time frame, trading methods, etc. 1. Day Traders - They are one of the most popular types of forex traders who hold on to their forex trades for a few hours. 2. Scalpers - These types of traders hold on to trades for a few seconds to a few minutes aiming to capture very small amounts of pips. Mostly they trade during the busiest times of the day. 3. Swing Traders - Swing Traders hold positions from several hours to several days and analyze charts of 1 hour to 4 hours time frame. A swing trader makes an average of 3 to 6 trades in a week and aims to make a large number of pips in profit, 100 to 300 pips. 4. Position Traders - These traders may have trades that last for several weeks to several months. [/QUOTE]
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