Left Or Right - Which is the Better Trader?|ManualTrader

Left Or Right - Which is the Better Trader?

2030 ManualTrader

The question of "Who's a better trader: left or right?" has been a perennial question in academic debate for years. It's important to understand why certain ideas and opinions are more popular than others, and what you can do to counteract them. In this article, we'll examine why polarization exists, and explore how we can overcome it. To help you decide whether you're a better left or right trader, we'll compare two very different strategies.

First, let's look at what each of these trading styles means. As a trader, you can be either a swing trader or a left-handed trader. The difference is the method of entry. A swing trader, on the other hand, holds his/her trades longer and is more interested in the long-term trends. A swing trader, on the other, prefers quick in-and-out moves.

An exercised call requires the trader to spend cash now versus later, which is a challenge for many people. Human nature tends to want to spend cash now, so it's tempting to pull the trigger early on a rising stock. However, exercising a call requires the trader to spend their cash today, which can be risky, especially when individual stocks are volatile. For example, a major news event can knock a stock down for a few days. A major company's troubles, on the other hand, won't have an impact on the S&P 500.

While we might be tempted to buy and sell when the market is rising, it's better to hold onto our winning positions. As long as you don't lose money, you'll never regret having a good trading strategy. You'll have lots of opportunities to make a profit. If you're a left-handed trader, you'll make money and be a better investor in the process. If you're a right-handed trader, you'll make more profits if you're a left-hander.

The most common mistake made by newbies is that they're not familiar with the system. Instead, they'll make mistakes and end up losing a lot of money. In addition to making bad decisions, they can also make poor investments. In this case, they should focus on finding the best broker in the market. Once they're confident, they'll be able to choose between the two options. There's a big difference.

In the experiment, students were asked whether they felt warm or cold towards the other side. Most of them said their trades had no impact on their feelings, but about half of them reported feeling more warmly toward the other group than they did toward the other side. A few students said they'd changed their attitudes if they were traded with the other party. One or two were even warmer than the other side. The study's findings, however, have been controversial for decades.

The so-called "left-hand trading" refers to:

1. In the process of an index or stock price rebounding after a decline, the "bottom" is the boundary, and the trading behaviors on the left of the bottom are all trading on the left.

2. In the process of index or stock price retreat after rising, the "top" is the boundary, and the trading behaviors on the left of the top are all trading on the left.

 The so-called "right-hand transaction" refers to:

3. In the process of an index or stock price rebounding after falling, the "bottom" is the boundary, and the trading behaviors on the right of the bottom are all trading on the right.

4. In the process of index or stock price retreat after rising, the "top" is the boundary, and the transactions on the right of the top are all transactions on the right.

There is no difference between the right and the left side of the transaction, there is only a suitable difference

Trading on the left: ``Buy bottoms and low picks, touch heads to make early profits''

In the downtrend, undertaking to sell in advance during the upswing. In the down process, before the reversal point appears, use comprehensive judgments such as experience, fundamentals, technical analysis, sixth sense, and personal sentiment to "guess" or "predict" this When it is close to the bottom area, start to undertake in batches and buy down; in the process of rising, go to "guess" or "predict" where it is close to the top area and start to make profits in batches.

The uncertainty and time cost to bear is relatively high. But if the bargain-hunting is successful, the profits will be higher.

Trading on the right: ``chasing high, killing low''

Enter the market after a relative low point "reversal" or chase the price after a breakout" relative high point "sell after a reversal" or chase the short after a support" , Wait until a relatively low point appears, supplemented by personal comprehensive judgment before acting.

For example, there is a large number of drops, a long lower shadow line, and the low point has not been broken for two or three days → a "relative" low point appears, before buying is considered; or after the "breakthrough" bottom pattern (box type, w bottom) , Head and shoulders... etc.), only to consider chasing the price to buy.

For example, during the process of rising, a large number of bursts, a long black K, and a long upper shadow line are present, and there is no high point for two or three days → a "relative" high point appears, before considering selling or shorting; or waiting until "below" After the top support, only consider selling or shorting.

In fact, whether it is "left-hand trading" or "right-hand trading", there is no so-called difference between which one is better or worse, and there is only a question of suitability or habit.

 For example, some investors with strong mathematical ability are good at using algorithms to find each wave front or bottom of the index or stock price, and then carry out the "left-hand trading strategy"; while some senior investors are based on long-term Trading experience, good at chasing highs and killing lows, profiting through trading strategies on the right.

 Therefore, no matter what kind of trading strategy, people can accumulate wealth smoothly. In other words, there is no difference between the right and the left side of the transaction, only the difference between appropriate and not!

 Are you trading on the left or on the right?

Regardless of whether the trading model is left-hand trading or right-hand trading, the focus is on strict entry and exit discipline and risk control, so that we can stay in the market for a long time and become a winning army.

If you want to know more about economics and financial management, you can go to inshat.

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