Traders participate in the financial markets by buying and selling stocks, futures, forex and other securities, and closing out positions with the intention of making small, frequent gains. Just as there are many types of investors, traders range from the small, independent trader working from a home office to the institutional player who moves tens or hundreds of millions of dollars worth of shares and contracts each trading session.
Traders and Trading StylesTraders are further defined by the timeframe in which they open and close positions (the holding period), and the method by which they find trading opportunities and send orders to the market. Hopefully I have managed to sleep all through the night, although on odd occasions I will get a phone call or a text message if anything particularly important is up.
Not so often these days though. The people I work with know how much I value my beauty sleep. The life of a day trader may seem exciting--a life lived on the edge. In a way that is partially true, as unexpected events or trading results can occur on any given day. The reality though is that most days are quite ordiInvest with our professional traders directly if you would like to chat with me and other traders please drop into the free live trading room on our site.
In reality, most professional traders interact with the market far less frequently than what most people might suspect, and this is especially true for pro traders who trade price action on the daily and four hour charts like I do.I would like to take you on a trip through an average daily routine of a professional Forex price action trader. The point is to provide you with some insight into what full-time trading is all about.