For Forex Trading, Which trader types is best

dextor

Private, 1st Class
Messages
55
For beginner which trader type will be best? All those who have basic knowledge and want to minimize amount of loss what you think either use Day trader or any other.
 

georgequayle

Sergeant
Messages
123
For beginner which trader type will be best? All those who have basic knowledge and want to minimize amount of loss what you think either use Day trader or any other.
Important to learn what works best for you. You can use the education website of FPA or just a simple google search will bring up Babypips, Investopedia, Forex academy Etc. This will give you a guide on whats best for you personally
 

Mazshura

Recruit
Messages
44
There are also much much more things likes Forex signals, Earn forex, Forex a Bode and a tons more related forums and I am not even talking about some small local one which also should help you to make some decisions in your life anyway.
 

Faelar

Recruit
Messages
10
It's difficult to give any unambiguous recommendation, because everyone who comes into this business has his needs and peculiarities, and I'm not talking about money as such. It's about the attitude to this business and how exactly you want to work and what you expect to get in the end. In fact, I would recommend setting small goals and gradually achieving them, then there will be more specific questions that will help you to come to a result that suits you. This forum can be considered a great helper like many others, it's great when you can communicate directly with those who understand you 100%.
 
Messages
95
For beginner which trader type will be best? All those who have basic knowledge and want to minimize amount of loss what you think either use Day trader or any other.
scalp trading forme.small lot sizes, small initial capital and slow building of account has always worked well for me
 

walpants

Corporal
Messages
74
you have to work out what fits in with you, if you have time to sit at your screen then scalping could be for you but if you are limited time wise maybe swing trading would work better, its all down to your lifestyle and what fits in best, spend some time looking at all types and see how you would fit in to each
 
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