A. Position How Forex Rebates Work (long term trading) Position trading refers to the most long-term trading pattern, as little as a few months or as much as several years For position traders, the most important basic skill HowForexRebatesWork the analysis of fundamentals, such as the analysis of policy directions, the view of economic trends, market news and dynamic control, etc.; in addition, traders cashback forex also use technical For example, if you analyze the fundamentals of EUR/USD and decide that it is bullish, then you can enter early and when the price reaches a certain position, you will gain more benefits than other traders Advantages: bestforexrebaterates Long-term trading does not take a lot of premiumrebateforex cashbackforexreview Short-term price fluctuations do not have a significant impact on the long-term The disadvantages: ? Requires a deep understanding of the fundamentals that drive the market ? Requires a high capital base for the trader due to the wide range of stop losses ? Cannot guarantee annual profits due to the small number of trades ? Swing trading is a medium-term trade that can take as few as a few days or as many as a few weeks As a swing trader, the most important thing is to pay attention to the market trend at the swing point As a swing trader, the most important thing is to pay attention to the trend of the market in the swing points. Traders have the following techniques for swing trading: ? Buy on the basis of support lines ? Sell on the basis of resistance lines ? Trade on the basis of breakouts ? Trade on the basis of retracements ? Trade when the moving average bounces Advantages: ? More trading opportunities, greater chance of profit ? Being a swing trader does not take up your time at work Disadvantages: ? Cannot follow the overall trend ? Overnight risk ? Intraday short term trading ( The most important thing for traders is to pay attention to price fluctuations during the day. The more volatile the time period, the higher the returns tend to be. The same as swing traders, traders have the following skills to trade ? Buy on the basis of support lines ? Sell on the basis of resistance lines ? Trading on breakouts ? Trading on retracements ? Trading on moving averages when they bounce ? Day trading requires less analysis of fundamentals and long-term trends, instead, traders should pay more attention to the analysis of trends at different points in time, technical indicators, etc. Example 1: The chart below shows a 4-hour frame of resistance at 115000. Example 2: In the chart below, we can notice that within the 15-minute time frame, there is a shooting star that represents the strength of the sellers, and we can make short-term trades at the base of the support line, the blue area in the chart. attention to market changes ? If unexpected events occur, the losses encountered may be greater ? There is a large opportunity cost IV. Ultra-short term trading Ultra-short term trading refers to trading with very short order execution time and profit taking time during the day, the trading time is usually a few minutes or even a few seconds of trading, although it should be noted that retail traders are not recommended for ultra-short term trading because the cost of trading is often As an ultra-short term trader, the most important thing is to pay attention to the market at the current point in time and how to make the best use of it. The most important tool that traders can use is the order flow. Transition trading transition trading means trading in a shorter period of time for the initial purpose, but if it is found that the market trend will be beneficial to us, we can increase the trading time in order to increase profits or trailing stop loss Example: If trading at the breakout, then the price rises quickly and is beneficial to the trader, you can appropriately increase the time to hold the trade In general, the main ideas of transition trading are the following two points: 1. time horizon to find a point in time to trade 2. If the price moves in the traders favor, consider holding the trade longer for higher benefits Pros: ? High risk-reward can be obtained ? Lower risk can be achieved in a short period of time Cons: ? Multiple time horizons must be understood, ? A small number of trades by the trader can be detrimental to the trader