1. Scalper Trader
In general, Scalpers always take small profits in short periods and smaller pips if compared to other traders.
Scalpers usually take profit in less than 2 hours with a pips count of around 15-30 pips
2. Intraday Trader
Intraday traders will leave their position running less than 24 hours in a day before they close or realise their profits.
Total targeted pips usually roam around 50-100 pips
3. Swing Trader
Swing traders are rare traders and more experienced as swinging one position is not an easy feat for new traders.
In executing a swing position, a trader must have a high level of patience to wait for the best setup to enter. They usually hold their positions for days, weeks, months and sometimes in a year.
Total pips targeted is usually above 100 pips!
In general, Scalpers always take small profits in short periods and smaller pips if compared to other traders.
Scalpers usually take profit in less than 2 hours with a pips count of around 15-30 pips
2. Intraday Trader
Intraday traders will leave their position running less than 24 hours in a day before they close or realise their profits.
Total targeted pips usually roam around 50-100 pips
3. Swing Trader
Swing traders are rare traders and more experienced as swinging one position is not an easy feat for new traders.
In executing a swing position, a trader must have a high level of patience to wait for the best setup to enter. They usually hold their positions for days, weeks, months and sometimes in a year.
Total pips targeted is usually above 100 pips!
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