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  1. #1
    shanewrights is offline Banned
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    Jul 2016
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    Default Explore the personality of the short time frame traders

    The Forex market is very large. This market has lots of strategies to offer traders. Most traders try to play safely in this market and choose a long term strategy. They place their trades on the market, wait for many days, and try to make a profit after many weeks. Scalpers are the other type of traders in the market. They make a profit almost immediately. They are the traders who take very high risks in their trading, for large profits. Scalpers, who scalp the markets, have certain personalities which separate them from other traders. Though they are experienced, all scalpers have some characteristics which make them successful in trading in a highly volatile market with a short time frame. If you look at expert scalpers inSingapore, you will notice that most of them have complete control over their emotions. They know that if they trade in the market based on their emotions then they will never become a profitable trader. In this article, we will discuss the personality of the short time frame traders.

    Personality of a short time frame trader
    Trading personality tends to vary from trader to trader. But if you closely observe the expert traders, you will find some similarities in them which you can follow. Unlike novice traders, they donít execute random trades in the market, but rather they follow a strict trading plan and execute the best possible trade setups.
    Always focused: Scalpers always need to be focused on their charts. They cannot take their eyes off them for a second. They trade in a very short timeframe, and they need to be focused on their trading session to make profits. As a short time frame trader, if you place your trade without doing the perfect market analysis then chances are very high that you will lose a big amount of money. Before you place any trades, make sure that you do the fundamental and technical analysis to pin the best possible trade setups. It is true that at the initial stage it will be difficult to place perfect trades in your online trading account, over the period of time, you will master this skill.

    Scalpers love looking at their chart. They do not look at the chart all day, they only keep they eyes on the chart when they are trading in the market. Most of the time, traders do not like looking at the chart. They trade the market all day. Forex scalpers only use the market for some minutes to place trades. They also love to look at their charts to place trades quickly and make a profit.

    Quick actioner: Scalping takes place in Forex with seconds. You have to be a good actioner to scalp in Forex. Scalpers have a wonderful reflex in the market and can take any actions quickly that will give them profits in the markets.
    Experienced: All scalpers in the Forex market are experienced. They are not new traders like the other traders in the market, and they can understand the trend of the market by looking at their chart. They have a long history of trading in the market.

    Big trading accounts: Scalping takes a big account. If you do not have money in your account, you cannot scalp the market. All the scalpers are rich in their trading account and also in their knowledge of trading.

  2. #2
    kakashi is offline Junior Member
    Join Date
    Sep 2017
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    14

    Default

    indeed we can apply the time frime will be easy in scheduling the trading will be very easy in reaching profit if we can understand every way of work and its market is understood correctly, take advantage of all its facilities as well as in FXB Trading brokers to be mastered

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