Macro trader definition
Macro trader
A macro trader is an individual who tries to profit by analyzing economic data such as GDP growth, inflation, and unemployment. They base their decisions on the overall economic and political views of various countries and the macroeconomic principles.
Forex trading is an example of macro trading, where traders try to capitalize by finding a relationship between currency price and the data.
How to become a macro trader
Becoming a macro trader involves consuming a large amount of macroeconomic data continually. Macro traders need to forensically analyze the fundamental data published on economic calendars each day.
All you'd need to do is open a trading account with a provider, and decide which market you want to trade.