What Is Your Forex Trading Style ?
Posted by Fx247 on 13 July, 2008
2 Comments
Loading ...- Intraday trading - For very short-term, mostly holding for only minutes. Intraday trading requires extensive knowledge of the market and extensive capital.
- Day Trading - Trades may be held a bit longer than intraday trading but not much.
- Momentum Trading - Momentum trading tries to take advantage of a sudden rise or drop in the price of a currency pair. Momentum Trading requires moderate sized capital .
- Swing Trading - Traders of Swing Trading Typically hold positions for several days to a few weeks.
- Position Trading - Position Trading requires a smaller capital and less experience in the Forex Market.
- Intermediate-term trading - Traders of Intermediate-term trading look longer-term and at quarterly support levels.
- Long-term trading - Long-term trading requires holding trades for a years at a time.
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2 Comments on “What Is Your Forex Trading Style ?”
My forex trading style consist of different styles. I use my own methods and secrets. I think, nobody will tell you whats is his/her forex trading style, cause If somebody will do the same things you loose your chance to do it. I wanna say that people can give some pieces of advices, but they will not tell you details.
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I am definitely a day trader.