What is the best type of trader to be?

Discussion in 'Trading' started by MotiveWave, Jul 28, 2024.

  1. MotiveWave

    MotiveWave Sponsor


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  2. Good Morning Leigh C.,

    A profitable trader.
     
    tomi01, TheMordy and MotiveWave like this.
  3. Lee-me

    Lee-me

    Well, you certainly baited me in with that topic.
     
  4. Only trader you can be given your circumstances, unless your situation can be altered. Everyone is different with different levels of intellect and life situation.

    Which implies each person has different levels of potential. Potential doesn’t always result in outcomes. Don’t mistake luck for talent.

    If you try to roll heavy and beyond your means, it’s the quickest way of being taken to the woodshed.
     
    tomi01, birdman and Handle123 like this.
  5. Darc

    Darc

    Best?

    Easiest - Day Trader Stocks or Indices
    Most profitable - Swing trading Stocks
     
  6. Overnight

    Overnight

    Swing trading long equity futures utilizing 60% max risk for adverse events over a 6 month period.
     
  7. A trader who can control his emotions and stick to his strategy
     
    MarkBrown likes this.
  8. MACD

    MACD

    SML does it again. A Simple Answer and of of course the "True Answer" Bravo
     
    semperfrosty and SimpleMeLike like this.
  9. Good Morning MACD,

    Simplicity is all I know.
     
    Last edited: Jul 29, 2024
  10. kroxobor

    kroxobor

    In my experience, successful trading requires finding a style that matches one's personality and lifestyle. Early on, I experimented with various trading styles, from the fast-paced world of scalping to the more deliberate approach of swing trading. Over time, I found that swing trading suited me best, as it allowed for thorough analysis and less frequent monitoring, aligning well with my preference for a balanced and strategic approach to the markets.
     
    #10     Jul 29, 2024