What type of trader you are?
What type of trader you are? Scalpers hold onto for a few seconds to a few minutes at the max. Their main objective is to grab very small amounts of pips as many times as they can throughout the busiest times of the day during the london open or us open or asia open most voyality hours from the day.
Day traders usually pick side at the beginning of the day, acting on their bias, and then finishing the day with either a profit or a loss. These kinds of traders do not hold their trades overnight they close every trade the same day.
Swing traders are for those people that like to hold on to trades for several days at a time. These types of traders can’t monitor their charts throughout the day so they dedicate a couple hours analyzing the market every night to make sound trading decisions this type of traders have a regular job near trading.
Position traders are those that have trades that last for several weeks, months, or even years. These traders know that fundamental themes will be the predominant factor when analyzing the markets and therefore make their trading decisions based on them we call them the long term trader.