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John was a Forex trader looking for a consistent profit in the market. One day during his routine research, he stumbled upon the concept of trading styles – Day Trading and Swing Trading. He was intrigued by their differences and decided to explore them to find which one suits him the best. Little did he know, he was about to face a horrifying experience.

Day Trading

Day Trading was the first style he stumbled upon. In this style, traders execute their trades during the day and close it by the end of the day, regardless of whether the trade is profit or loss. The goal of the trader is to capture small price movements within a single day to make quick profits. John thought that this style would suit him well since he likes to have quick results.

One day, he started trading with the Day Trading style. He opened a trade in the morning and closed it in the afternoon. He was happy since he made a small profit. However, the moment he closed the trade, he felt a cold breeze blowing, even though the windows were closed. He shrugged it off and attributed it to the air conditioner, but the sensations continued.

In the middle of the night, he woke up sweating profusely, feeling as if something was packing down his chest. He tried to move, but he was paralyzed. His computer was turned on and displayed a chart showing the trade he closed. Suddenly, the chart started to move erratically, and without any cause, the price of the currency pair he traded jumped up and down, hitting his Stop-Loss level. He was forced to close the trade at a loss, and at that moment, the cold breeze disappeared. John was haunted by the thought that his decision to use a Day Trading style, which was supposed to be quick and profitable, ended up becoming a nightmare.

Swing Trading

After his disturbing experience with Day Trading, John decided to explore the other style, Swing Trading. Unlike Day Trading, Swing Trading involves keeping a trade for several days or even weeks, aiming to capture big price movements. John thought that this style would alleviate the pressure of having to deal with sudden market fluctuations.

After a few days, he opened up a trade using Swing Trading style. He analyzed the market carefully and entered the trade at the most opportune time. For days, he waited to see some profit movement. However, days turned into weeks, and he found himself constantly checking his trade, making sure that he won’t get stopped out.

One day, John woke up to a strange sound, which sounded like a murmur. He traced the sound to his computer and saw that the chart was moving. At first, he thought that he might have left it on before going to sleep, but the movements were strange, and the price objectives he set for the trade were no longer achievable.

He felt as if someone was watching him, felt the cold breeze again, saw the candles on his chart change colors in a form of a warning. Unnerved, and with a racing heartbeat, he raced to his computer to close the trade only to see that he has just suffered a heavy loss. Then everything went back to silence, and the cold breeze disappeared.

John was at a loss. He didn’t understand what had just happened. In his attempt to find a profitable trading style, he stumbled upon something more sinister. He realized that Forex Trading can be a scary experience that can bring about unexplainable phenomena.

FAQs:

1. Can trading styles affect the outcome of a trade?
Answer: Yes, trading styles have a significant impact on trade outcomes. The style you choose will dictate how long you’ll hold onto trades and how you execute them, which will affect your profits or losses.

2. Which trading style is more profitable?
Answer: Both Day Trading and Swing Trading can be profitable if applied correctly. It comes down to individual personalities, risk tolerance, and experience.

3. Can Forex Trading be a scary experience?
Answer: Trading, in general, can be a scary experience if not done correctly, and in Forex Trading, it is no different. You can experience spooky phenomena if you don’t pay attention to your strategies and trading styles. Therefore, it is essential to educate yourself well before getting into this field.
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Ihab Salloum