Trader Type
Trader Type is defined by how long a person likes to hold a position. My categories are:
- Buy ‘n’ Hold = practically forever = no pre-defined exit
- Active Investor = measure in years with pre-defined exit
- Position Trader = measure in weeks
- Swing Trader = short term, measure in days
- Day Trader = don’t hold overnight
- Market Maker = always have an offer to buy and sell outstanding
Extra Insight:
I’m most interested in the swing trade and position trading. I’d like to hear what readers think is the most interesting area and have set up a Buzz Dash poll. Please vote for your favorite type:
Many experts say you need to find the style that suits you best and that timeframe is often a matter of temperment. Maybe, but I do find my temperment changes as I see the various track records from backtesting!
Updated 11/17/08.
October 8th, 2008 Filed under GlossaryTags: backtesting, day, exit, long, selling, short, timeframe, trader type, trading
Subscribe via Email 
