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WHAT TYPE OF TRADER ARE YOU?

benkal

Active Member
Many newbies never focus, they have double vision rather than tunnel vision. there are many determinants of how one ends up being the type of trader they are, they include the trading plan they are using, their mentors way of trading, personal traits, or lessons from the market by humbling you. If you want consistent profits then be consistent in your trading and discipline. this work you are a scalper, makes you small quick bucks, next week you are a swing trader, then a deep pullback wipes away all your small profits, back to square one. the other week you are using expert advisors(EAs)/ robots. my fellow traders how do you expect to remain consistently profitable with a lot of variable changing every now and then? YOU WONT! First figure out what can work for you at a time not all at once! then make a decision based on individual results not mixed ones.
 
This type of trading suits people who are comfortable with using technology and want to apply it in their forex career. Given the nature of the programs, algorithmic traders will also have a keen eye for the technical charts.
 

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