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® “Home-Study Course” Study Manual Page 76
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“belonging” versus being a “loner”. These
tendencies allow for a comfortable fit of going
with the crowd of traders in a trend.
2. “Scalper”:
“Scalpers” take quick profits using ART®
“Reversals” and Minor “Pyramid Trading
Point®” trade entries. They use the “SAR” (stop
& reverse) technique, and may either be long or
short almost all the time while using “SARs”.
Can be a “Day Trader” or “Position Trader” and
can “Scalp” with a trend or against a trend.
Traders who are adverse to authority figures
tend to be better “Scalpers” in the market. Likes
quick action, and needs to be careful not to
overtrade. Also be careful with trading due to
anxiety issues.
3. “Counter-Trend Trader”:
Trading the corrections of an established trend.
This trader predominately uses ART®
“Reversals” to time their trades and exit the
market. Can be a day trader or position trader.
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