Page 79 - ART® Study Manual html5 - flash
P. 79
® “Home-Study Course” Study Manual Page 79
________________________________________________________________________
Three: Your day trading results can be highly
impacted by others trading on higher time
frames and the lower your time frame, the
greater this effect will have on you.
2. “Position Trader”:
These traders usually use daily charts, weekly
charts and 60 minute interval charts to base their
trading decisions on. Primarily “Trend Traders”,
“Position Traders” hold positions until the trend is
exhausted and therefore they may hold a position
for a few days, few weeks, or even a few months if
the trend can be maintained.
3. “Investor”:
Investors are traders when they attempt to time
their long-term investments. They study
fundamentals and combine this with technical
analysis. “Investors” are long-term “Trend
Traders” using weekly, monthly and yearly charts.
Ok with minor losses but don’t like active trading
where losses can come quickly and frequently
during “Draw-Down”.
________________________________________________________________________________________________
Copyright © 2012 TradersCoach.com, Inc. All rights reserved. Any reproduction and/or electronic
transmission of this document is prohibited without the prior written consent of TradersCoach.com
and is a violation of international copyright law. AR-1021-04-06.