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The 7 types of Traders
One of the best ways to determine the different types of traders is by tracking the time frame in which they trade. Some traders constantly keep track of the market and trade using a higher frequency. While others trade only once or twice a day. Another way to look at this is by considering the average holding period for open positions of traders. For instance, a day trader buys and sells in a time frame of minutes and hours. A position trader holds until a trend reaches its peak, while a long-term investor is in for the buy and hold. The various profiles of traders use different strategies to determine the most ... (full story)