Day traders vs Night traders

[dianajs]

Sure, long-term trading is more about fundamental analysis, while scalpers and day traders should be pros in technical analysis.
However, all traders should use all tipes of analysis to be successful.

I agree. It's good for traders to have an understanding of both types of analysis. One might be an expert in one type, but it's still a good idea to read up on the basics, at least, of the other.

 

[iMusingKiMi]

No matter what traders you are, as long as you make money then you are a good trader. But in my opinion, 24 hours trading in forex is just actually a marketing stance. Real peak trading per day most of time is just an average of 6 hours.

 

[dianajs]

No matter what traders you are, as long as you make money then you are a good trader. But in my opinion, 24 hours trading in forex is just actually a marketing stance. Real peak trading per day most of time is just an average of 6 hours.

Good point. Every normal person requires rest in between trading. Trying to trade the whole day without stopping and resting wouldn't lead to good results.

 

[iMusingKiMi]

Good point. Every normal person requires rest in between trading. Trying to trade the whole day without stopping and resting wouldn't lead to good results.

That's why you can see gambler always lose money. Due to excitement provided by those games, they can't even sleep quietly in their hotel room.

 

[dianajs]

That's why you can see gambler always lose money. Due to excitement provided by those games, they can't even sleep quietly in their hotel room.

True. Trading should never be treated like gambling because it's not gambling. Decisions are made based on knowledge and discipline, not on luck.

 

[iMusingKiMi]

True. Trading should never be treated like gambling because it's not gambling. Decisions are made based on knowledge and discipline, not on luck.

That's right. It is all about probabilities, not luck. I believe most of the people heard MIT before, even black jack game in casino can be calculated using probabilities, but of course there are knowledge inside.

 

[Jeff Martinez]

With markets opening and closing around the world at different times, night trading allows traders to make moves based on real-time developments overseas. As a night trader, you will be able to sell off the stocks that may be negatively affected, and purchase shares in companies that may benefit, all before U.S. markets open. Day traders are different from investors in that day traders hold their securities for only one day. They close out their positions at the end of every day and then start all over again the next day.

 

[dianajs]

Day traders are different from investors in that day traders hold their securities for only one day. They close out their positions at the end of every day and then start all over again the next day.

I don't think that necessarily applies to all day traders. A lot of them keep positions open over a long period of time, they simply mostly watch over them during the day.

 

[nahiyar]

Yes you can trade any time when your analysis and trend definition is clear you can make results from it. One can hold on positions for days . he can leave trading open for many days using different tools when market comes to that movement he is easy to colose at [roper time.

 

[downtrend]

Trading can be good or bad at any time in day or night . Day or night trader choose their timing according to their facility . We cannot say about any one of them that they are more in profits. Actually they have to earn as per their abilities and finding right trend for trading.