Type of Traders

Mar 26, 2019 at 07:00
3,106 Visa
55 Replies
forex_trader_581254
Medlem sedan Nov 19, 2018   6 inlägg
Mar 19, 2020 at 06:52
togr posted:
richestfx posted:
Hello all, nice to meet you 😄

While learning to become a trader, I see and pay attention to the kinds of traders that I have met. Of course, this is something subjective, something that is local. Because of my observations only in the environment where I live. And this article does not mean to anyone.

1. IB trader
Claiming to be a trader, but only looking for people who will join the affiliate. Earn money from affiliate commissions. Usually can not trade, but know a lot of knowledge, have a wide network of friends and when asked about brokers, then he will turn out to be a salesman and ready to help the client.

2. Trader Trainer
The main income of a trader trainer is from a class, the more participants join in the class the more rich and credible the trainer is. Usually their words are wiser and convey something in a typical language. Some trader trainers cannot trade on their own, the percentage is 50:50.

3. Automatic Trader
Characteristics of an automatic Trader is always busy, hard to listen to explanations, especially related to technical or fundamental trading, has lots of EA stock and usually experiences huge losses.

4. Trader's Manual
Nearly 99% of traders in the world always start from manuals, then switch to being a trainer or automatic trader or IB trader, because the process of becoming a professional manual trader is very long and winding. A manual trader has a patent system that will be used during the transaction, not easily affected and usually tends to be more silent. They like to share techniques if it feels it's time to share.

5. Trader commentator
It is not clear whether they had a real account or not, usually they only tried a system and compares the system, then bullying the existing systems. Usually they often appears in forums with a sloppy style and at will.

6. Generous traders
This is the best in my opinion, because They had extraordinary determination, 'deposit only no withdrawal' .... like to share knowledge, like to go to seminars, like trying new things without burden and without thinking, because for him the funds are not a problem .

7. Greedy trader
An opportunistic trader, but still wise, usually they will say, 'being a trader don't be greedy enough to be adjusted with ability', but in fact he is also an IB, a robot seller, a local depositor and not even a little opening class by paying which is quite expensive to participants, not only that sometimes they also claim to be fund managers. Usually they are always showing off with what they get as proof that he is a great trader.

8. Uncapital trader
Traders like this usually sell the concepts and trading results of other people, then expect to become investors, thus what he trades is the money of others, who will later earn income from profit sharing. BUT, it is different from a fund manager who does have a financial management company.

9. Trader Analyst
Almost similar to a trader trainer, the difference is that most analysts are silent and don't open classes. Their analysis has a special mindset with its own data and tools.

   do you agree with me?

                                                                       Which one is you?😀

Hopefully it adding insight to you,if there are many bad words more or less I apologize, because I am just a human must have a mistake, because only God is the perfect one.

It is a goog list.
I would add type: Master of the universe. Not having a single trading account published yet knows everything and chat everywhere :)
Most Likely Manual and beginning for now
Medlem sedan Mar 21, 2020   7 inlägg
Mar 22, 2020 at 23:00
I am a technical trader. I know that the EUR/USD moves in a range most of the time. Very high volatility time because of the coronavirus pandemic. Very good for swing trades right now.
Medlem sedan Oct 22, 2019   33 inlägg
Mar 24, 2020 at 10:46
smith_fx posted:
Traders can be classified into 5 types :
    1. Fundamental trader – He is a trader who focuses on company specific events to determine which stocks to buy and when to buy. It is based on logic and facts.

    2. Noise trader – It is a style of trading in which decisions to buy and sell are made without the use of fundamental data related to a specific company. They make short term trades to profit from various economic trends.

    3. Sentiment trader – These traders seek to identify and participate in trends. They try to identify securities that are moving with the momentum of the market. They use both fundamental and technical analysis

    4. Market timers- These traders try to guess which direction the security will move to profit from such movement,. They generally use a technical indicator or economic data

    5. Arbitrage trader- These traders simultaneously buy and sell assets to profit from price differences of similar financial instruments on different markets.

Thanks for sharing the types.
forex_trader_581254
Medlem sedan Nov 19, 2018   6 inlägg
Mar 26, 2020 at 14:22
Tygotaylor posted:
smith_fx posted:
Traders can be classified into 5 types :
    1. Fundamental trader – He is a trader who focuses on company specific events to determine which stocks to buy and when to buy. It is based on logic and facts.

    2. Noise trader – It is a style of trading in which decisions to buy and sell are made without the use of fundamental data related to a specific company. They make short term trades to profit from various economic trends.

    3. Sentiment trader – These traders seek to identify and participate in trends. They try to identify securities that are moving with the momentum of the market. They use both fundamental and technical analysis

    4. Market timers- These traders try to guess which direction the security will move to profit from such movement,. They generally use a technical indicator or economic data

    5. Arbitrage trader- These traders simultaneously buy and sell assets to profit from price differences of similar financial instruments on different markets.

Thanks for sharing the types.

I can identify as a noise trader perse but not sure about sentiment. I know that when certain pairs are up then the opposite occurs and especially after the bill for covid19 that stocks increase I was watching the dow numbers closely. If this makes me sentimental then cool
JapaneseGroupFx
forex_trader_1153031
Medlem sedan Feb 28, 2020   77 inlägg
Mar 26, 2020 at 14:31
richestfx posted:
Hello all, nice to meet you 😄

While learning to become a trader, I see and pay attention to the kinds of traders that I have met. Of course, this is something subjective, something that is local. Because of my observations only in the environment where I live. And this article does not mean to anyone.

1. IB trader
Claiming to be a trader, but only looking for people who will join the affiliate. Earn money from affiliate commissions. Usually can not trade, but know a lot of knowledge, have a wide network of friends and when asked about brokers, then he will turn out to be a salesman and ready to help the client.

2. Trader Trainer
The main income of a trader trainer is from a class, the more participants join in the class the more rich and credible the trainer is. Usually their words are wiser and convey something in a typical language. Some trader trainers cannot trade on their own, the percentage is 50:50.

3. Automatic Trader
Characteristics of an automatic Trader is always busy, hard to listen to explanations, especially related to technical or fundamental trading, has lots of EA stock and usually experiences huge losses.

4. Trader's Manual
Nearly 99% of traders in the world always start from manuals, then switch to being a trainer or automatic trader or IB trader, because the process of becoming a professional manual trader is very long and winding. A manual trader has a patent system that will be used during the transaction, not easily affected and usually tends to be more silent. They like to share techniques if it feels it's time to share.

5. Trader commentator
It is not clear whether they had a real account or not, usually they only tried a system and compares the system, then bullying the existing systems. Usually they often appears in forums with a sloppy style and at will.

6. Generous traders
This is the best in my opinion, because They had extraordinary determination, 'deposit only no withdrawal' .... like to share knowledge, like to go to seminars, like trying new things without burden and without thinking, because for him the funds are not a problem .

7. Greedy trader
An opportunistic trader, but still wise, usually they will say, 'being a trader don't be greedy enough to be adjusted with ability', but in fact he is also an IB, a robot seller, a local depositor and not even a little opening class by paying which is quite expensive to participants, not only that sometimes they also claim to be fund managers. Usually they are always showing off with what they get as proof that he is a great trader.

8. Uncapital trader
Traders like this usually sell the concepts and trading results of other people, then expect to become investors, thus what he trades is the money of others, who will later earn income from profit sharing. BUT, it is different from a fund manager who does have a financial management company.

9. Trader Analyst
Almost similar to a trader trainer, the difference is that most analysts are silent and don't open classes. Their analysis has a special mindset with its own data and tools.

   do you agree with me?

                                                                       Which one is you?😀



Hopefully it adding insight to you,if there are many bad words more or less I apologize, because I am just a human must have a mistake, because only God is the perfect one.

You points so valid
JapaneseGroupFx
forex_trader_1153031
Medlem sedan Feb 28, 2020   77 inlägg
Mar 26, 2020 at 14:31
Points so valid
JapaneseGroupFx
forex_trader_1153031
Medlem sedan Feb 28, 2020   77 inlägg
Mar 27, 2020 at 07:13
If will be emotional when you encounter loss in fx, then quit.
Medlem sedan Apr 22, 2014   45 inlägg
Apr 05, 2020 at 11:09
learning can be useless if there is no regular practice
JapaneseGroupFx
forex_trader_1153031
Medlem sedan Feb 28, 2020   77 inlägg
Apr 05, 2020 at 11:14
How about this, I work In the financial market
Medlem sedan Feb 22, 2011   4862 inlägg
Apr 07, 2020 at 13:51
JapaneseGroupFx posted:
How about this, I work In the financial market
so you are not trader, right
Medlem sedan Sep 24, 2019   23 inlägg
Apr 12, 2020 at 18:39
While all this a lot of fun absolutely and possibly. We really need to make sure that everyone is individual and that's why all this new strategies even appear in our world, and do not take in account some ability for that.
Medlem sedan Aug 09, 2017   785 inlägg
Apr 16, 2020 at 08:01
some fines got from your post. thanks Sir for your nice reply, r
Medlem sedan Aug 27, 2017   994 inlägg
Apr 19, 2020 at 18:03
leverage is important , but dont trade witrh high, because it can vanish your balance withihn very short time, if there is no money management.
forex_trader_581254
Medlem sedan Nov 19, 2018   6 inlägg
Apr 20, 2020 at 01:11
Roberto21 posted:
Now I am with little leverage ratio in the demo account as a newcomer. I am very much sincere about using leverage because I have seen mostly traders who are particularly newcomers fall a great loss in the live account due to lack of real money managing plan.

Very true and using 100us is not good I see some come with 100us and get 3500 but ya don't see them years afterwards. Good for you
Medlem sedan Dec 09, 2019   60 inlägg
Apr 20, 2020 at 03:50
From the list, I would say that I fit in Trader's Manual...I started it off by learning and reading more about forex trading before starting it with a real account...it is good to know there are different types of traders.
Medlem sedan Jul 20, 2020   232 inlägg
Sep 03, 2020 at 19:14
Nice article. This is very useful for the learners. Every new trader should read this. Thank you for giving us such a very important information.
Medlem sedan Feb 22, 2011   4862 inlägg
Sep 04, 2020 at 08:55
togr posted:
JapaneseGroupFx posted:
How about this, I work In the financial market
so you are not trader, right
User JapaneseGroupFx wasnt found.
Medlem sedan Aug 14, 2020   40 inlägg
Sep 07, 2020 at 10:31
Betty_60 posted:
Correct, one has to be careful with using high leverage.
Yes leverage is like a double sword. Better to use it wisely.
Medlem sedan Jul 20, 2020   341 inlägg
Sep 07, 2020 at 18:27
Very useful writing. New traders can be benefitted from this article. Thanks a lot for sharing such an important article.
Medlem sedan Jul 20, 2020   298 inlägg
Sep 08, 2020 at 02:01
There are many types of traders in the Forex market. Among the traders who are good traders who collect trading information all the time. Good traders are always in research. Their psychology is very strong. Bad traders are characterized by low patience and excessive greed. I have also seen many traders who only do 2-3 trades in a month. That is why their loss is less and their profit is much better. Because they have a lot of patience.
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