InstaForex

Tuesday, October 30, 2012

Inside Trade | What's Your Style?



As I read the book entitled “The Game,” a thought tickled my mind. Although the book relays a story which follows the two protagonist, Mystery and Style, in their journey of becoming the greatest pick up artists. It somehow left a question lingering within my fickle mind. What's your style?

It is a question which fits the phrase “easier said than done.” Some of must may instantaneously answer this but it might take a while for others. But as we go along our voyage at the sea of knowledge, we might be able to answer this question with the help of some key factors like financial capabilities, knowledge, and even our very own personality.

My researched lead me to different styles with distinct preferences. But the category seems to be mainly divided into three main groups: short, medium, and long term. Each preferred through the longevity of the positions. It also came into my attention that it sometimes gives birth to sub categories. For example, those traders who holds their position from a matter of minutes to a few days are regarded as short term traders. Further classification of it are scalpers, day traders, etc.

No matter what style you're in, as long as you profit, just continue trading and be yourself. Our constantly changing society births different styles every now and then, and I won't be surprised if ever you found yourself inventing one.


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