2483
We have covered the different strategies traders can follow to be successful. Now let’s talk about what kinds of traders there are, and which one are you?
Position trader (short term) — the most common type. Gets into trades frequently, but closes his positions before low liquidity periods (holidays, summer vacations, etc.)
Long term investor or hodler — his trades can span several years, which he will only close upon major trend shifts.
Scalper — does a lot of short trades that can last as little as just a few seconds. As a rule, each trade is rather inconsequential, but in the long-term perspective, they add up to a nice profit overall.
What kind of trader are you and what methods do you follow? Let us know in the comments!
Prev. article 