Definition – What does Fundamental Trader mean?
A fundamental trader is a currency trader who looks for economic factors that will influence market trends. Unlike day traders, fundamental traders tend to take long-term positions.
ForexTerms explains Fundamental Trader
Fundamental traders follow economic releases and use that information to value currency pairs and predict future movements. Because they are trying to catch longer-term, primary trends, fundamental traders usually use less leverage and wider limit orders in order to make sure a position doesn’t get stopped out due to market noise. The line between fundamental and technical traders is not as defined as it sounds. Fundamental traders may use technical indicators, just as technical traders may use fundamental data.
