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.

  • Great! 1
Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • General Statistics

    • Total Topics
    • Total Posts
    • Total Members
    • Most Online
      10/06/21 10:53

    Newest Member
    Joined 17/05/23 10:51
  • Posts

    • What's the next move following the bank run that led to a rally in US stocks? The markets have been giving us hints on its coming trend, which markets are they? Deploying market psychology not only helps us to connect the dots in today’s complexity, it also gives us the simplicity to chart into the future. In this session, we have invited market veteran, Wong Kon How, to help you improve your trading literacy and successfully navigate the financial markets. Kon How will demonstrate how he understands today’s market complexity and seizes the coming opportunity with behavioral science.  
    • Charting the Markets: 1 June Dow and CAC40 stabilise while Nasdaq 100 edges down. EUR/USD, EUR/GBP and USD/CAD stabilise as US debt ceiling bill goes to Senate. And Brent, orange juice stabilise while copper advances as US debt ceiling bill gets signed. Shaun Murison | Senior Market Analyst, Johannesburg | Publication date: Thursday 01 June 2023               This is here for you to catch up but if you have any ideas on markets or events you want us to relay to the TV team we’re more than happy to.
    • Hi all. I have a chunk of cash sitting around and don't really want to allocate it to equities or anything too risky so I was hoping to pick up some regular coupons from something like non-junk bond. I've tried to find bonds on my ISA or Share Dealing account but they don't really seem to exist. I can't find bonds nor ETFs of bonds...  Also can someone help me to understand - like I don't want to bet on the value of bonds or rates going up. I only care about dumping cash in bonds and receiving regular coupons. I understand that the prices of bonds go up and down and therefore you may make a gain/loss on your principal if you sell before maturity, but I kinda want a low-risk bond and want to hold it to maturity. Or at least something that has that kind of risk-reward profile.
  • Create New...