System Trading - Scalping/Intraday/Longterm. Trading systems are divided into 3 types, among others:
Scalping
Scalping is sometimes slightly different between traders 1 with the others, there's that defines scalping is short-term trading, which is close in less than x minutes. Nothing defines scalping is a trading profit pips take some pips only, with a large lot.
But in General, scalping is a combination between the two. Usually does to achieve pips are small, it takes time which is not too long (because quite a few motion)
If your broker prohibits scalping, we recommend that you check the agreement/ask your broker to find out the definition of scalping, according to them.
Intraday
Intraday trades are usually opened and closed on the same day, e.g. in the open at 12 PM GMT, and close at 10 pm.
I need to know and be reminded, quite rare GBPUSD penetrate range 300 pips in 1 day, let alone in 2 hours.
Long Term
Long term trade is trade, which usually have a long term. For example, trade opened on February 1, 2010, was closed on February 10, 2010.
There is no definition of the limits of time how many days/weeks/months. Typically if more than 1-2 days then commonly referred to as long term
Usually this long-term used to capture the movement of a huge trend due to the pips that are strong; As shown below:
It should be noted, that the position of the stay can be worn/got a swap.
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