#TradingTypes101 Behind the beautiful names of trader types lies a harsh truth: most of them are doomed to fail. Day traders live in the illusion of quick wealth, but in reality, their profits are eaten away by commissions and slippage, leaving only crumbs, if not losses. This is not "quick money," but rather "quick losses" for most.
Swing traders, clinging to "medium-term fluctuations," often fall victim to unpredictable market reversals when their "technical analysis" crumbles to dust. And what about position traders? They may boast a long-term perspective, but even giants can fall, and their "fundamental analysis" won't save them from black swans.
And, of course, scalpers – masters of micro-profits, who require inhuman concentration and speed, where the slightest mistake can lead to significant losses. Before diving into this world, ask yourself: are you truly ready for the ruthless reality, or are you just chasing the mirage of easy money?