( POLL ) What type of trader are you

[StockHopper]

I exercise every tool in my arsenal to make profits where ever possible we are all limiting ourselves if we stick to one discipline. We should all be constantly learning new skills honing existing to imize opportunities in every condition.

profits are better than wages

[Cutten13]

I am a fundamental trader - I use charts but I could trade without them. I dont underst why we are so few fundamental traders. Most traders use charts most traders lose so what so great about trading only on charts?

[Rich14304]

I couldn't agree w/ you more.. edges are only "self-defined" keeping in mind of course an "edge" is only a "probability" nothing more that an indication of a higher probability of one thing happening over another.. credit-Douglas

Richard

[ezekiel]

Mostly a day trader ... holding positions 10min to about 2-3 hours. Will occassionaly swing trade if price approaches certain levels I feel are high prob -low risk.

I'm happy with 10-20 pips a day

[Mr.X]

Originally Posted by tonyj

* we all take losses...as small as possible.
* low pips high leverage....
* market that is volatile liquid with a very high average daily range....which we refer to as the "hook"...
*You can have your own version of an average...
(daily range....with something like 30 or 40 days).
*The hook=ADR/bid-offer spread.
* spread of EUR/USD is the only give you at least a better chance.
* Many newer traders don't realize how 50pips/day can help blow the can up.
* importance of time/price opportunities
* 5% to 10% of the average daily range...a 6-12 pips a day on EUR/USD
(one year you will make a 1000% yield )
* inefficiencies would be discovered exploited by the market faster than you could blink your eye.
* the market is smarter than any one of us
* shortening the TP level skews the odds against you exponentially....
* the spreads chews up the small edge any short term strategy

ciao
Tony

great analysis Tony !
grazie

[superpro]

Swing tading here to add to your poll.

regards

[Aleph]

I am usually cuting the profits at 3 pips (due to nervosity) let instead the losses run (due tu naivety) I myself to be in the market allmost all the time when I exit a trade I stupidly have to enter in the other direction. Nevertheless for some reason I am still alive ( time to time I catch one of those huge moves)

Aleph

[cbotnyse]

I am a scalper...I trade Stock index futures...sometimes oil bond futures as well....looks like a great site...im gonna have a look around