What Time is Good for You?

January 11, 2010 | By JackieAnnPatterson | Filed in: Classes, Outside Products Reviewed, Strategy Development.

marketclubminute2 In the 2nd Market Club Minute, Adam Hewison talks about a key decision you need to make as a trader – choosing a time frame.   Click here to watch his 1-minute video. 

One way to facilitate that decision is to list the types of traders and their time frames:

  • Buy and Hold Investor – forever
  • Active Investor – longer term of a year or more but has a plan to sell eventually
  • Position Trader – catch one leg of a trend, hold trades for weeks or months
  • Swing Trader – get in for a quick pop and out within days
  • Day Trader – doesn’t hold overnight
  • Market Maker – constantly offers a bid and ask price

Understanding yourself is essential.    Understanding the different risks and rewards of trading in each of these timeframes gives you a framework to find the optimal spot for you.  A good place to find out more is the BackTesting Report Baseline – click here to download it directly (no registration required).

(BackTesting Blog is an INO.com affiliate.)


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