Jump to content

Which Type of Trader Are You?


Recommended Posts

I'm hoping @JamesIG  might be able to set up a poll for this question to shed some light on the differing trading styles of our forum users.

The list, as described by Steve Burns, is a useful analogy of the main trading styles in itself.

Value investing is buying discounted dollars.

Trend following is letting strong dollars grow.

Swing trading is flipping dollars.

Momentum trading is doubling quarters.

Day trading is flipping fast pennies.

Link to comment

Could be interesting @Caseynotes, as we have discussed recently it is vital to understand where any commentator is coming from (i.e. there biases) is you want to take on board what they are saying.  You and I may agree on many things but ultimately we trade on different time-frames and with different methods so we can also disagree and yet still both be right...

As I look at the list I think they items are not mutually exclusive in that, for example, I could describe myself as a swing trader but also at times a trend follower.  Not sure value investing is trading (I separate my investing activity from my trading activity and take very different approaches, albeit that one informs the other).

I also thing it might be useful to draw out some additional aspects such as Technical trading (of which there are many forms); News trading and so on.  There used to be a strap line on contributors profiles where they self describe what kind of trader they are, which I found useful. 

Link to comment

 @Mercury the strap line at the bottom to help identify yourself was helpful, I think you can add something to your profile page here on the new one.

The list is not mutually exclusive as you say but most will have a 'most preferred' style of trading that will fall into one of the categories. I would keep investing in as a large number of IG clients and so forum users are inclined that way and the proportions between all the groups would be interesting and useful to know.

I liked the added diversification of the dollars, quarters and pennies to add a sense of time frame and turnover related to the different styles.

Link to comment

Archived

This topic is now archived and is closed to further replies.

  • General Statistics

    • Total Topics
      23,615
    • Total Posts
      96,995
    • Total Members
      44,177
    • Most Online
      7,522
      10/06/21 10:53

    Newest Member
    KML
    Joined 04/12/23 14:42
  • Posts

    • The  listing of LSK on the named CEX, with their 20M+ user base will  expose LSK to a different set of traders who prefer or actively use the trading platform esp utilizng their copy trading product. This expanded reach could result in increased trading volume, which is often viewed positively in the crypto space.
    • I just learned about the recent listing of Lisk's utility token LSK on Bitget exchange, I'm curious to understand how this new development might impact both the token itself and the overall Lisk project. Apparently, this listing on Bitget adds another major exchange to the roster, alongside well-established platforms like Kraken, Kucoin, Binance, and OKX. This increased availability on different exchanges generally enhances liquidity and accessibility for traders and investors. More exchange listings can potentially attract a broader audience and bring in new participants to the Lisk ecosystem. To LSK token holders, I'm interested in hearing your thoughts on this recent listing on Bitget. Do you believe it will have a significant impact on the token's value and the project's trajectory? How do you see this development fitting into Lisk's broader goals of making crypto and Web3 accessible to everyone? Let's discuss and share our insights
    • As a DeFi and Web3 enthusiast, I find projects like Rootstock Infrastructure Framework (RIF) to be incredibly promising and exciting for the future of decentralized finance. The idea of providing an infrastructure framework on top of the Rootstock blockchain, along with open and decentralized tools, is a step towards making DeFi more accessible and scalable. The RIF token, serving as the native token of the ecosystem, plays a crucial role in facilitating the consumption of RIF products and services. This utility aspect adds intrinsic value to the token and aligns with the broader trend of utility tokens in the crypto space. The fact that RIF is listed on major exchanges such as Bitget, Mexc, Binance, and Gateio enhances its liquidity and accessibility for a broader audience. This, coupled with the ability for RIF token holders to participate in a growing network of decentralized applications (dApps) and products, fosters a sense of community and active engagement I would love to hear from other RIF token holders about their thoughts on the project. What aspects of RIF are you most excited about?
×
×
  • Create New...
us