Types of Traders Compared in One Minute: Scalpers, Day Traders, Swing Traders, etc.
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There are quite a few types of traders out there, so this video has one purpose and one purpose only: making it clear that being a good trader is all a matter of figuring out what works best for you.
It doesn’t matter whether you’re a scalper, day trader, swing trader, position trader or anything else, this comparison hopefully managed to explain that you’re bound to find one way or another to leverage your strengths.
Do you want to quickly get in and out of trades? Then perhaps scalping or day trading represent the best choice for you.
Do you prefer holding on to positions for a longer period of time? Then maybe it would be a good idea to try swing trading or position trading on for size.
Whatever your final choice may be, good luck and please don’t forget to always keep the risks associated with trading in mind!
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There’s no clear line between what counts as trading and what counts as investing, but the two are nonetheless very different practices, and most investors are best served avoiding the former. Why? We answer that question in today’s video.
DISCLAIMER:
This channel is for education purposes only and is not affiliated with any financial institution. Richard Coffin is not registered to provide investment advice and as such does not provide recommendations on The Plain Bagel – those looking for investment advice should seek out a registered professional. Richard is not responsible for investment actions taken by viewers.
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