A trend-focused trader reflecting on market strategies and personal performance enhancement.
trading
Friday, 3 June 2011
What is your market personality ?
It's critical for traders to understand that when they take a position in a particular market, they are actually trading the "personality" of that market and not just the market itself. Each market is made up of individual traders and systems that trade in a particular way. This is why some markets are better for momentum trading, while others are better for fading, and while still others are best to avoid at specific times of day due to all the arbitrage.
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