Types of traders 101

1 окт.

Overview of types of traders

SCALPER

🔸Scalpers buy and sell securities quickly, usually within seconds, with the aim of achieving profits from minuscule price changes from large trade volumes.
🔸Scalper also refers to someone who buys up in-demand merchandise or event tickets to resell at a higher price.
🔸Scalpers buy and sell securities many times in a day with the objective of making consistent net profits from the aggregate of all these transactions.
🔸Scalpers must be highly disciplined, combative by nature, and astute decision makers in order to succeed.

EATRADER / Algo Trader

🔸Algorithmic trader will use process- and rules-based computational formulas for executing trades.
🔸 Algorithmic trader is performing statistical analysis on stocks, funds, or currencies and then writing algorithms and programs using computer languages like C# or Python or PineScript.
🔸While it provides advantages, such as faster execution time and reduced costs, algorithmic trading can also exacerbate the market's negative tendencies by causing flash crashes and immediate loss of liquidity.

Technical Trader

🔸Generally, a technician uses historical patterns of trading data to predict what might happen to market in the future.
🔸A technical trader prefers to study price patterns over time periods ranging from a few minutes to a month. This is usually done using a variety of tools, such as indicators, to understand which way price is moving in any given market.

Swing Trader

🔸Swing trading refers to a trading style that attempts to exploit short- to medium-term price movements in a security using favorable risk/reward metrics.
🔸 Swing traders primarily rely on technical analysis to determine suitable entry and exit points, but they may also use fundamental analysis as an added filter

Fundumental Trader

🔸Fundumental trader focuses on company-specific events to determine which stock to buy and when to buy it. Trading on fundamentals is more closely associated with a buy-and-hold strategy rather than short-term trading.
🔸Furthermore, fundumental traders must understand technical analysis to identify trends and price patterns supporting their fundamental analysis.

Money Manager

🔸A money manager is a person or financial firm that manages the securities portfolio of individual or institutional investors.
🔸 Professional money managers do not receive commissions on transactions; rather, they are paid based on a percentage of assets under management.

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RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.

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