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[fxlivesignals]

a swing/momentum trader - fibonacci and adx

[investment]

Wouldnt be surprise most people are day trader

[mybuddy]

The Type Of Trader That Loaned The Market My Entire Fortune
And Recieves A Generous Sum From The Market
Each Year In The Amount Of 1$ ! lol

Ciao

[mach.25]

Scalper/Daytrader I don't have enough time or cannot stay awake long enough nor have experience or account large enough for longer time frame.

Also read that as not profitable/ not profitable enough to give up day job.
Becoming all consuming hobby only at the moment.

[ampris2000]

by the poll i'm a swing trader. Though from the books I read a swing trader buys on support and sells on resistance over and over. Well whatever.

What I do is:

Find the trend that starts out at the beginning of the week. As long as it is trending in that direction i keep it open and plan to close it on Friday.
IF my system shows signs of the trend ending, i'll close it, wait for my system to show the reversal and enter the trade to close it out on friday.

I am beginning to teach myself to trade on the shorter time frames so if the market is ranging, i won't have to wait for a trend. (remember, use the demo account dummy) (that was a note to myself so I won't experiment on the real account)


So i'm a swing trader and looking to add daytrading under my belt as well.

[azarento_com]

midterm between scalping and daytrading! Im a dayscalptrader!

[drayco]

I am a pure SAR trader. My trades always last days. By the poll i am swing trader.

[vishwamv]

Hi

By the way iam a Day trader (would hold for 4hrs approx), ...being a newbie this sounds good to learn on market...

Cheers
Vp

[californiajeff]

Originally Posted by 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.

Let's not forget inflation before we get too excited. Since 1973 The U.S. Dollar has lost 90% of it's value counting for American inflation. So if you would of held your money in EUR you still would have lost about 50% of your money after counting for inflation.

Isn't inflation evil?

[Heo]

I am mostly a day trader. But sometimes i close my order in a matter of minutes. It depends usually, but my vote goes to Day Trader

[jackal2]

whats the best way to determine what kind of trader i should be??

[Mando]

I consider myself a Scalper , and I can't see me going any longer than a day (Day Trader) at this early stage of my trading.

[birdjaguar]

Originally Posted by jackal2

whats the best way to determine what kind of trader i should be??

Only trading experience can tell you that. I wanted to be a day trader but could not develop a profitable strategy for day trading, so I had to move out to swing trading (weekly rather than daily). For my simple mind, profit was easier to see on a weekly basis, then the trouble became working on patience to execute the strategy. Don't be dismayed if one period doesn't work for you. Keep testing and reading.

[qweet]

I guess I know really well what kind of trader I am. I'm the absolute speculant. I just don't have the patience to wait and wait and wait. I want to see insantly results. But of course I know how important it is to trade in the long run and to sit tight
But my trading method is just to watch the tape, in markets I don't know how to speed this one up.

So in normal terms I am a daytrader. Because scalper doesn't hit it. Making a profit of 2 - 4 pips and having a spread of 2 is in my opinion not healthy.

[Mando]

I trade for a few seconds and some times for a few minutes; I watch to see if I am right or wrong. If I am right, I stay with the trade. If the trade goes against me, I know how many pips I will lose before I get out. I start out small to test the trade. So, I guess, I am a scalper right now.