What's your profile trading name ??

Hello
The profile trading is important for every forex trader , You must know who you are when you trade currencies for example , Select the best one that make you profitable and pragmatic in the same time , the adequate question you should ask yourself  is what's the trading level do I feel good at Home ??
after you answer this question you can determine your profile trading easely , when you select it you choose to trade very short-term ( Guerilla ) ,short-term ( Scalper ) , intermediate-term ( day-trader) or long-term (position-trader) .

Guerilla :

Guerillas are called also Frequency traders , they trade using the short-term , they put les than 20 pips as a goal 0-20 and they look for the quickest Entry and Exit point , but pay attention unless you trade giant numbers and receive very tiny bid-ask spreads , the guerrilla goals are not counseled !!

Scalper :

Scalpers set ther profits near than Guerrilas , they look to scalp 10-35 pips , If you trade forex with small account and you want to trade using scalping strategy choose always to trade majors pairs which liquidity is strong and spreads are less than 4 pips .
Caution : More you trade the greater Fear & greed will become to you so respect your profile trading and account parameters .

Day trader :

 " day traders " set as profit more than 35 pips , they make significant benefits selecting one currency pair,  also ther positions stay at less 5-20 hours live , the advice can I give you if you choose to be a day trader is to stay Online when you make a position or set a High professtional Stop-loss !!

Position trader :

 " Position traders " , they put as profit the biggest profits at less more than 100 pips !! , their positions can stay live 2 or 3 trading days , they need to set a Stop loss order or stay in the market as long as possible , because News can swiftly destroy your trade !!!

Thank you for reading
Josef Amalric  :)

Tags : Trading profile , Scalper , Guerrilla , day trader , position trader , what is profile trading , find profile trading , my profile trading .