Your trading style is:

Position Trader

Position Trader avatar
Scalper Trader
Day Trader
Swing Trader
Position Trader
12%
57%
23%
You are with 8% traders
You are with 8% traders
In accordance with your responses, you are likely suitable to become a Position Trader in the forex market.
Position traders, also known as holders, obtain long-term returns from market trends by holding assets for extended periods. Holding durations vary greatly, ranging from months to years. They seldom trade, but when they do, it's usually spot-on.

Position traders often excel in fundamental analysis. They are not easily swayed by external influences and have their unique perspectives on the market. Even if against the world, they remain steadfast.

For position traders, patience, experience, and skills are not as important as a profound understanding and foresight into a specific commodity or sector, far exceeding the market's understanding. They diligently seek market mispricings and seize long-term trend opportunities amidst price deviations from intrinsic values, selectively ignoring some short-term risks.

Confidence is another essential requirement. It requires strong confidence to avoid greed in fear, and in fear in greed. However, in trading, confidence is good, but blind confidence is bad. While maintaining self-assurance, actively seeking opposing viewpoints is a lifelong lesson for position traders.

Position traders must always remember their original intentions to achieve consistency.

Signals matching your style: