4 Types of Forex Traders (Trading Styles & Strategies)

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  • เผยแพร่เมื่อ 22 ต.ค. 2024

ความคิดเห็น • 94

  • @Drums4fun2011
    @Drums4fun2011 5 ปีที่แล้ว +4

    You're funny, smart, beautiful and most of all you have personality because I can see you love what you do and believe me it comes across. I watch you all the time because you give very good advice, to be so young, you have an old soul! Anyway keep up the great work with the content because it sure has helped me! Thanks Karen!

    • @KarenFoo
      @KarenFoo  5 ปีที่แล้ว +1

      Thanks so much for your kind compliment

  • @bisaya1111
    @bisaya1111 2 ปีที่แล้ว

    Thank you so much Karen! I learned so much from your videos. I wish more blessings for you and your family!

  • @merajaslam9772
    @merajaslam9772 6 ปีที่แล้ว +1

    Excellent presentation Karen. I would just like to add one more thing in the end of the video. Practically speaking scalpers tend to give away a larger portion of their gains away to their brokers in form of spread and commission as compared to day traders and swing traders. That could be one reason why peole who trade longer time frames generally to tend to earn more because their cost of trading is lower than scalpers.

    • @KarenFoo
      @KarenFoo  6 ปีที่แล้ว +1

      Yes that's one of the good reasons. Thanks for sharing your thoughts

  • @camillesofia7908
    @camillesofia7908 3 ปีที่แล้ว

    Thanks, Karen! I loved the way you explained everything here!

  • @suma9684
    @suma9684 5 ปีที่แล้ว +2

    Good content! clarified a lot of things
    I'm a swing trader, I prefer it as it doesn't make me feel frustrated.

  • @olalekansoyinka462
    @olalekansoyinka462 4 ปีที่แล้ว

    Wow Karen, I consider this one of your best videos. Highly informative & perspective building. Weldone for the good work, we appreciate all you do to help people like us.
    Cheers!!

  • @nickl1844
    @nickl1844 ปีที่แล้ว

    Thanks, Karen! Excellent video. Swing trader, here.

  • @marvinrandolph4008
    @marvinrandolph4008 2 ปีที่แล้ว

    Great video Karen! I am a newbie. This video has helped me make an informed decision as to what trader I am to be. I am a swing trader. Thank you so much for this video!

  • @SalahAliAbdi
    @SalahAliAbdi 4 ปีที่แล้ว

    I,M Always with you all the way down from Somalia Thank you Mentor Karen Foo.

    • @KarenFoo
      @KarenFoo  4 ปีที่แล้ว

      You're welcome

  • @mdhasanuzzaman4250
    @mdhasanuzzaman4250 3 ปีที่แล้ว

    I'm a Day trader, I like also scalping. I prefer it quick return.

  • @nickgadz5176
    @nickgadz5176 5 ปีที่แล้ว

    Karen all the trading types you discuss are both applicable depending on traders choice but all these types already tested but due to market condition to be profitable is very hard to attain matter most is the market volume but I formulated formula that fit with the dead or sluggish market that make me peofitable whatevet market status.... I admire your dedication towards trading that your followers benefited... Kudos!!!....

    • @KarenFoo
      @KarenFoo  5 ปีที่แล้ว

      Thank you

  • @ahon446
    @ahon446 6 ปีที่แล้ว +1

    Hi Karen, Many thanks for all your great videos. Your videos and motivation pushed me to work harder. I have a question which may not be related to the video or trading. What are your thoughts on buying Gold as part of risk management (not trading). I am not a financial expert but I have fear from the current monetary system and money printing may lead us to an economic Collapse that may end the Dollar\Fiat Currency Era. It would be great if you can make a video for that. Again!! Thank you so much for all your guidance and support. Ahmed Onuma from Japan

    • @KarenFoo
      @KarenFoo  6 ปีที่แล้ว +1

      Hi Ahmed. Holding physical silver is better. I personally do that as well. But physical gold i also buy and hold them. Don't take my word for it. Do your research.

  • @johnschenck8497
    @johnschenck8497 3 ปีที่แล้ว

    With a demo account you can get tons of experience for free. Thanks I really enjoy your videos. God bless you and stay in good health.

  • @NYradio7
    @NYradio7 3 ปีที่แล้ว

    What about small accounts? Which one is most suitable?

  • @paulpeace6455
    @paulpeace6455 5 ปีที่แล้ว +1

    Great video.
    I do swing H4 & position D1.
    Thanks.

    • @KarenFoo
      @KarenFoo  5 ปีที่แล้ว

      Awesome. You're welcome!

  • @hafizuddinadie7210
    @hafizuddinadie7210 6 ปีที่แล้ว +1

    hi karen, thank you so much for the video. may i ask does capital sizes affect trading styles too ? If I have a small capital, my account might not sustain the loss from swing trading style. Is that true ?

    • @KarenFoo
      @KarenFoo  6 ปีที่แล้ว

      I don't know how do you define small. But if you implement proper position sizing and % risk per trade, you can still swing trade.

  • @KarenFoo
    @KarenFoo  6 ปีที่แล้ว +7

    Which type of trader are you?

    • @descartes824
      @descartes824 6 ปีที่แล้ว +1

      swing and intraday

    • @foreignexchangeworld
      @foreignexchangeworld 6 ปีที่แล้ว +1

      This is what I was strageling to understand, thanks for this video @Karen Foo

    • @Machoudeh
      @Machoudeh 6 ปีที่แล้ว +2

      I am technical

    • @KarenFoo
      @KarenFoo  6 ปีที่แล้ว +2

      @Urvesh Khatri all 3 except for scalping

    • @KarenFoo
      @KarenFoo  6 ปีที่แล้ว +2

      @n who are you?

  • @naingsoeoo4205
    @naingsoeoo4205 6 ปีที่แล้ว +2

    Swing trader.Thanks a lot karen.

    • @KarenFoo
      @KarenFoo  6 ปีที่แล้ว

      You're welcome

  • @walterlapnet3928
    @walterlapnet3928 4 ปีที่แล้ว

    Thankyou so much. Very interesting and funny .😂 You have made a new fan. keep up. 😊👌

    • @KarenFoo
      @KarenFoo  4 ปีที่แล้ว

      I appreciate your support

  • @ranjanrai3766
    @ranjanrai3766 ปีที่แล้ว

    Swing trading is perfect for me

  • @danekrill7802
    @danekrill7802 5 ปีที่แล้ว

    Hi Karen may I ask you of what type of trading you are currently using. If you don't mind me asking. Thank you!

    • @KarenFoo
      @KarenFoo  5 ปีที่แล้ว

      Your question doesn't make sense to me

    • @danekrill7802
      @danekrill7802 5 ปีที่แล้ว

      @@KarenFoo what i mean is that what type of forex trading you are using. Is it scalping, swing, trend or position?

  • @emekahezekiah8721
    @emekahezekiah8721 6 ปีที่แล้ว +1

    day trader...so love it

    • @KarenFoo
      @KarenFoo  6 ปีที่แล้ว

      All the best to you

  • @jiasenium
    @jiasenium 6 ปีที่แล้ว +1

    Hi Karen! Could you share with us how to trade conflicting time frames?

    • @KarenFoo
      @KarenFoo  6 ปีที่แล้ว +1

      If the time frames I trade conflict. I wouldn't enter a trade :)

    • @jiasenium
      @jiasenium 6 ปีที่แล้ว

      Karen Foo thank you Karen!!

  • @benedictcinena3452
    @benedictcinena3452 4 ปีที่แล้ว

    You nailed it!!

  • @blessingmunengwa6484
    @blessingmunengwa6484 5 ปีที่แล้ว

    Thanks Karen exactly the video i was looking for

    • @KarenFoo
      @KarenFoo  5 ปีที่แล้ว

      You're welcome. I'm glad this video helped you

  • @shadow7925
    @shadow7925 3 ปีที่แล้ว

    Personally I am a day trader but I want the swing one. I think it is more cooler hehe

  • @doricejustine8342
    @doricejustine8342 2 ปีที่แล้ว

    best videooo

  • @kniinortey31
    @kniinortey31 3 ปีที่แล้ว

    Karen you are super great 👍

  • @nickgadz5176
    @nickgadz5176 5 ปีที่แล้ว

    Scalping, ntraday, swing, position trading are all apolicable on all market conditions it is the traders choice how they manage to control the trades.. .

    • @KarenFoo
      @KarenFoo  5 ปีที่แล้ว

      Yes of course

  • @wenhoawai8264
    @wenhoawai8264 6 ปีที่แล้ว +1

    Hi Karen foo, may I know if I trade 15 min chart but look at 1 hour (higher timeframe) to determine trend, am I consider as scalper?

    • @KarenFoo
      @KarenFoo  6 ปีที่แล้ว

      Depends on how long you hold your trade for :)

    • @wenhoawai8264
      @wenhoawai8264 6 ปีที่แล้ว

      @@KarenFoo I am hold at least 1 to 2 hours, depend whether it when hit my tp target.

    • @KarenFoo
      @KarenFoo  6 ปีที่แล้ว

      @@wenhoawai8264 you're a day trader then

    • @wenhoawai8264
      @wenhoawai8264 6 ปีที่แล้ว

      @@KarenFoo thank you for clearance my mind cuz I always watch your video, as you said normally trade below 15 min will be seen as scalper.

    • @KarenFoo
      @KarenFoo  6 ปีที่แล้ว

      @@wenhoawai8264 you're welcome. It's more about how long you open a trade than time frame

  • @anjumaneshahemashriqain
    @anjumaneshahemashriqain 5 ปีที่แล้ว

    Still learning from you. Can't consider myself as a trader yet... :)

    • @KarenFoo
      @KarenFoo  5 ปีที่แล้ว

      Well take it slowly then

  • @wenhoawai8264
    @wenhoawai8264 5 ปีที่แล้ว

    Hi karen, may i know can a day trader is holding one overnight?

    • @KarenFoo
      @KarenFoo  5 ปีที่แล้ว +2

      Day traders dont do that

    • @wenhoawai8264
      @wenhoawai8264 5 ปีที่แล้ว

      @@KarenFoo for link this to tp and stop loss system, so is it mean i should take the profit whatever market given to me by today, instead of wait my tp hit the risk reward concept 1:2?

  • @rdileepkumar4898
    @rdileepkumar4898 6 ปีที่แล้ว +2

    I enjoy scalping but I had less experience

    • @KarenFoo
      @KarenFoo  6 ปีที่แล้ว +1

      Better wait until you get more experience

  • @johnathangrey3463
    @johnathangrey3463 6 ปีที่แล้ว +1

    Very conservative type.

    • @johnathangrey3463
      @johnathangrey3463 6 ปีที่แล้ว

      But I do trade after I workout not everyday though. My mind feels more in tuned and sharp after I workout. More clear on trades, and able to takes lost's better, knowing that I played by the rules. Working out helps for me. Karen, your left handed. You really are bound for greatness. I can handle guns on both sides right and left. Grandfather insisted. (Lol)

    • @johnathangrey3463
      @johnathangrey3463 6 ปีที่แล้ว

      ......oh and day trader/ scalper. (Lol) Wonder why they call it scalper? A little racist at least in my opinion.

    • @KarenFoo
      @KarenFoo  6 ปีที่แล้ว +1

      Yes working out really helps in trading that's why i workout everyday

  • @calesylvester2387
    @calesylvester2387 5 ปีที่แล้ว

    I'm a swing and day trader depends how the market is

    • @KarenFoo
      @KarenFoo  5 ปีที่แล้ว +2

      I'm about the same too :)

  • @senteixTrader
    @senteixTrader 3 ปีที่แล้ว

    i am trying to be a swing trader same as you karen wish me luck :D, wait i am engineer so i dont believe in luck lol wish me probabilities haha , . i think i like swing trade because it requires less scren time

  • @Phangmw
    @Phangmw 2 ปีที่แล้ว

    Traders must know Who they are.

  • @adrianszaraz2764
    @adrianszaraz2764 6 ปีที่แล้ว +1

    Me nr 4 the best. 1 trade in 1 month whit 500 pip clear, its all i need, and you ??

    • @KarenFoo
      @KarenFoo  6 ปีที่แล้ว

      Do whatever works for you as long as it's profitable :)

    • @glysssuppply2178
      @glysssuppply2178 6 ปีที่แล้ว

      Which platform broker you used long term trade/ 500 pips

    • @glysssuppply2178
      @glysssuppply2178 6 ปีที่แล้ว

      I mean using M1 M15 M30 for long term
      Is it D1 H1 W1

  • @MuhammadYousafjakhar
    @MuhammadYousafjakhar 5 ปีที่แล้ว

    200 liks

  • @ThereWillBeMUSICS
    @ThereWillBeMUSICS 3 ปีที่แล้ว

    shoot all you want every single day. LOL!

  • @errakiabdelmajid5352
    @errakiabdelmajid5352 4 ปีที่แล้ว

    I must to listen your audio only

  • @wongdonalson6461
    @wongdonalson6461 4 ปีที่แล้ว +1

    You're pretty~~

    • @KarenFoo
      @KarenFoo  4 ปีที่แล้ว

      Thanks for your kind compliment