This video shows you the main forex trading styles you can choose from and outlines the personal qualities you’ll need to be successful in each style.

There are 4 main categories when it comes to forex trading styles – each is based on how long you hold your trades for:

– Scalpers
– Day Traders
– Swing Traders
– Position Traders

We discuss each of these ‘types of forex traders’, showing you the attributes you need to be successful in each.

It’s important to think about your own personal qualities and the amount of time you can dedicate to trading forex, when choosing your own trading style.

Qualities such as patience, risk tolerance and confidence will determine which trading style you’re best suited to – but remember, you can always test out different trading styles and mix and match to find your own unique style.

This is the second video in a series which teaches you the fundamentals of forex and gives you a solid knowledge foundation about the world of foreign exchange trading.

If you’re interested in trading forex you can head over to the Blueberry Markets website to open you own demo account or live account today: http://bit.ly/TradeTheBlueberryWay
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