Forex traders who earn money on this market are traders who first found the trading style that suits them the most. The success of a trader depends on certain factors, such as psychological factors as well as technical factors, the style of trading is also an important component of success in the Forex market, it is essential to define his style of trading before even thinking about developing a trading strategy. We distinguish three major trading styles among forex traders that we will review below.
The Scalping
A trader who practices scalping will maintain his open positions in the forex market a few seconds to just minutes. Scalpers are traders who intervene on the Forex market in order to generate profits in the very short term, the traders are thinkers who think while calculating their risks quickly, it is a style of trading asking a lot of concentration. Scalping traders do not care about long-term graphical representation and simply want to make quick profits, these…