Four Types of BTC USD Traders

Four Types of Bitcoin Technical Analysis Traders

The four types of bitcoin style methods for technical analysis traders are: bitcoin scalping, bitcoin day trading, bitcoin swing trading & bitcoin position trading.

BTCUSD Crypto traders learn and master one bitcoin trading style that best suits their bitcoin schedule.

Scalping Bitcoin Trading

Scalping bitcoin trading is used by bitcoin traders who set small bitcoin profits repeatedly & trade many trades during the day so as to make these small profits many times repeatedly throughout the day.

Bitcoin scalpers set and open bitcoin trades that lasts from a few seconds to minutes. This bitcoin scalping strategy tries to make profits from small changes in the bitcoin price. Bitcoin traders who use these methods are those bitcoin traders that find it easier to make profits from small bitcoin price moves rather than from the large bitcoin price moves.

Bitcoin Scalpers will make many bitcoin trades in one day and bitcoin scalpers can open anywhere between 10 -20 bitcoin trades in a day or even more.

Bitcoin Day Trading

Day Trading is used by bitcoin traders who open and close bitcoin trades within the same day. Bitcoin day traders will close their open bitcoin trades within the same day & bitcoin day traders do not hold overnight bitcoin trade positions - bitcoin trades are opened only for a few hours and closed within the same day.

A bitcoin day trader will open bitcoin trades & close all bitcoin transactions before the bitcoin market closes.

Bitcoin day traders will also try to catch small to medium bitcoin profits per bitcoin trade. These bitcoin day traders will try to profit from small to medium moves in the bitcoin price movement. Bitcoin day traders will generally open between 3 to 5 bitcoin trades in one day.

Bitcoin Day Trading is also sometimes referred to as bitcoin intraday trading.

Bitcoin Swing Trading

Bitcoin Swing Trading is used by bitcoin traders who want to capture the short term bitcoin price trends and profit from these short term bitcoin price trends.

Bitcoin Swing Traders will open a bitcoin trade & leave this bitcoin trade open for several days so as to capture the short term bitcoin market trend momentum and make profit from the short term bitcoin market trend momentum.

Scalper bitcoin traders will determine the direction of the short term bitcoin market trend & then place bitcoin trades in the direction of these short term bitcoin market trend so as make profit from the medium bitcoin price changes.

Bitcoin swing traders will keep a bitcoin trade open for a few days and these bitcoin trades may last from 3 days to 7 days on average.

Bitcoin Swing traders will open a few bitcoin trades in a week and these bitcoin swing traders may open anywhere between 3 to 5 bitcoin trades in one week.

Bitcoin Position Trading

Bitcoin Position Trading is used by bitcoin traders who want to capture the long term bitcoin price trends and profit from these long term bitcoin price trends.

Position bitcoin traders will keep their bitcoin trades open for weeks or even months.

Position bitcoin traders will try to make profit from the large bitcoin price changes in the bitcoin price. Bitcoin position traders will try to determine the long term bitcoin trend and place bitcoin trades so as to profit from the momentum of the long term bitcoin trends.

Bitcoin position traders will keep a bitcoin trade open for a few weeks to a few months and these bitcoin trades might last from a few weeks to a few months on average.

Bitcoin position traders will open a few bitcoin trades in a year and these bitcoin position traders might open anywhere between 5 to 10 bitcoin trades in one year.

Differences between Bitcoin Scalping, Day Trading, Swing Trading and Position Trading

The differences between bitcoin scalpers, bitcoin day traders, bitcoin swing traders & bitcoin position traders are:

Bitcoin scalpers - goal is to profit from short term bitcoin price fluctuations and not from the medium term bitcoin trend or long term primary bitcoin trend

Bitcoin day traders - goal is to profit from short term bitcoin price fluctuations and not from the long term primary bitcoin trend

Bitcoin swing traders - goal is to profit from the momentum of a swing trend intermediated bitcoin trend rather than from the long term primary bitcoin trend rather or from the short term bitcoin price fluctuations

Bitcoin position traders - goal is to profit from the long term primary bitcoin trend rather than from short term bitcoin price fluctuations

Differences between Bitcoin Scalping, Bitcoin Day Trading, Bitcoin Swing Trading & Bitcoin Position Trading

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