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As a beginner trader, it's important to know who you are in the trading space

In today's lesson, you'll get to understand the difference between the types of traders and where you stand as a trader.

Stage 1️⃣: Foundations
Lesson 2️⃣
Types of Traders (Based on Timeframe & Style)
Different traders operate on different timeframes depending on their goals, personality, and lifestyle. Here's a breakdown:

1️⃣. Scalper (Scalp trader)
A very short term trader that takes advantage of the smallest market moves and gets out as quickly as possible:
✅Timeframe: Seconds to minutes
✅Goal: Small profits many times a day
✅Needs: Fast execution, low spreads, focus
✅Platform: Often uses high-speed charts like 1-minute or 5-minute

To get a better picture: 💡
This is the type of trader who enters and exits 10+ trades in one day.

2️⃣. Day Trader (Short-Term)
A short but slightly long-term trade compare to a scalper:
✅Timeframe: Minutes to hours
✅Goal: Capture daily price moves
✅Needs: Time to watch the markets during the day
⚠️No trades are held overnight

How a day trader operates: 💡
Buys ETH in the morning, sells it before the day ends.

3️⃣. Swing Trader (Medium-Term)
A slightly more patient trader compared to day trader and scalper:
✅Timeframe: Days to weeks
✅Goal: Catch short- to medium-term trends
✅Needs: Patience, less screen time
✅Uses: 1hr, 4hr, Daily charts

Picture of how they operate:💡
Buy BTC on Monday, sell it the next week.
Key:🗝️
Patience

4️⃣. Position Trader (Long-Term)
A trader who's more interested in holding positions for even longer periods:
✅Timeframe: Weeks to months (sometimes years)
✅Goal: Ride big market trends
✅Needs: Deep research, strong conviction
✅Uses: Weekly or Monthly charts

How position traders trade: 💡
Buy stock in Apple and hold it for 6 months or more.

💡Follow for more
Visit lesson 1 here
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