That's not to say that you should limit yourself to a single strategy. While these monikers are useful ways of identifying similar types of traders, it's not uncommon for some traders to modify their timeframes of choice based on current market conditions -- hybrid strategies do exist. It's also not uncommon for a day trader to hire a position trading Commodity Trading Advisor to manage a retirement account.
More often than not, successful traders specialize in one single timeframe. The key to finding your timeframe is trial and error. Only actual trading will give you the ultimate answer.
-- Written by Jonas Elmerraji in Baltimore.
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