Thread: Aow Journal
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Old 09-14-2008, 08:02 AM
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4ow4ow 4ow4ow is offline
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Join Date: Dec 2007
Location: Indonesia
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Decision of Life

Everybody does expect for a trend...

Resembles we are going to short or long on that number, it reflects that an individual trader has two basic major-decisions. 99% will adapt both system, only 1% was playing with single field.

Type I (Trend Successor)
This type suits the trending market, which means they will always agree with the market direction in bigger scale. Their analysis is passive, for one-way market movement. This characteristic suits for Long-term trading plan, which may spend for weeks, months, quarters, or even years before gaining their targets. Their objective is big scales profit taking and less-time for settling the entry point. They don't bother with small swing in the middle journey of a trend.

Type II (Trend Consolidator)
Hedger, Scalper, Speculators or Swing traders match this personality. Locking or hedging is already their ultimate techniques. They don't bother with what will be happened for next session, they secure the small portion from the big trend. Next entry is for next trading plan session. The decision may vary from hours, intraday, or weeks and a month, depending on how market's agreement against their trading plans. This type may take the risk for a prevailing trend, both sides, in order to gain both faces from small swings.


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Last edited by 4ow4ow : 09-20-2008 at 06:14 AM.
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