Types of Traders

Category: Education

Traders may choose their trading style based on their personality, budget, time available and preference, despite all sharing a common goal of making some profit from the financial market. Day Trader Masters Day trading is the most commonly adopted style, which involves opening and closing their positions within a day. Mark Sachs at Right Line Trading himself is also a day trader, who used extensive technical analysis experience to trade. He reviews his day trade methodology every day. Difference of Types of Traders usually occur once or more per day depending on the volatility of the asset you’re trading, and traders have to be quick to spot the trends and capitalize from them.