( POLL ) What type of trader are you

[MoneyTec]

Hi all

It would be interesting to find out what time-scales members are looking for in trades.

Are you:

Scalper: Looking to hold positions for a matter of minutes.
Day Trader Looking to close out all positions by the end of the day

Swing Trader: Holding a trade open for between a day and a week

Position Trader: A trader who is looking to hold a position for a number of weeks

Long Term Trader: Someone who is holding a trade open for months at a time

Buy and Hold Trader: A trader who is looking for a return over a number of years.

[mishak]

Good idea about this poll !

Intresting that there are no BuyAndHold investors. In fact, in February 13th, 1973 just after the second gold devaluation (when currencies were finally liberalized 30 years ago) 1 modern EUR was equal to 0.66 USD cents. USD/JPY was 266.67.

So if you had sold USD then and buy DEM, you will earn 75% profit, equavalent to 2.56% annually without compounding. In JPY you got 140% profit, which comes to 4.66% annually.

Very good conservative investment - bet against the USD.

[Micke256]

daytrader here, I guess most in here are daytraders with the definition made MoneyTec. I'll try to become a swing trader within the next 12 months

[psit]

I think day trader will be the answer of all professional traders.

Psit.

[BOLDBOY]

I'M JUST A DAY TRADER~
ONLY BECAUSE I'M A BEGINNING TRADER~


boldboy

[novice]

Trend trader

Ideal holding period 2-3 months, longer if everything is going great.

Adding units along the way.

Take profits with a trailing stop 1 tick above/below relative high/low on shorts/longs.

[overload]

Originally posted by MoneyTec
Swing Trader: Holding a trade open for between a day and a week.

Couldn't a "swing trader" also be called a "trend trader"?

OverLord

[bullish_it]

I'm kind of mixing these styles: looking on fundamental predictions, I'm a swing trader. Still, if intraday the prices swing constantly with 10-20pips I don't refuse a scalping, trying also to keep the original trend. If the pair is in consolidation or expecting some barrier breaks for getting a new trend, I close my positions overnight. So, what kind of trader am I?