-
What type of trader are you? Part II
Addictive to Softwares
These type of traders love to invest in Software's. They will look around and invest lots of money into software's to do the analysis and research and indicate when is the good time to buy or sell. The software's are expensive and range from a couple of hundred pounds to even a couple of thousand pounds. They get frustrated when a system tells them to buy a particular stock but it sinks, they kick and sigh and wonder how could that have happened when the system said it was a guaranteed buy. More money is wasted and frustrated. Get back to reality and do some research and analysis yourself.
Long Term Steady Investor (yeah baby)
These traders don't invest in a regular basis. They make cautious decisions based on through research, analysis and other factors. They would buy stocks but will hold on for a long period for the investment to grow and take small profits or large profits as and when. I particularly fall into this category and look at the long term potential and other varying factors.
Lets look at the Accounts records
These traders look though and though the companies financial details, bit by bit and looking and opportunities and flaws to determine a buy or sell. Gets boring reading the financial details but take some key details from there and leave the rest as the Markets tend to not follow the financial details unless the company is in trouble. Looking the financial documents is time consuming and confusing and by doing this you would never get a chance to buy shares and if you do decide then you miss the boat.
Penny Share traders
I must admit i was there a long time ago, Penny traders look for shares that have hit rock bottom hoping for it to go back to levels in the high in the previous months, but then the prices keep dropping and then sell as the fear kicks in that you will lose more than you anticipated. I have lost a bit and I'm sure many others had. The rush and adrenaline kicks in when you see it drop and think this has bound to go back up, but hey remember don't buy on instinct its going down for some reason look into it before you buy.
Bulletin Board traders
These traders make me laugh, they hype up the companies in the bulletin boards and make all these claims that 'good things are to come' and makes would be investors think is he right and engage in a conversation and then explodes into many people taking and then the share price increases and the original people on the bulletin boards dump their shares and the share price dips. This is called a pump and dump, where people will discuss about the potential of the company and something big is to happen and the market value goes up by number of buyers and then dips back to normal value once the steam has gone on the discussion board, this sometimes leaves the company writing a statement to the markets saying they have nothing to do with the increase in the share price and does not know why.
Anxious Trader
These traders hyperventilate when the share prices drops, even by a small percentage. They are frightened that the drop could go as low as possible. But once they have sold they go back in and buy the stock once they have gone up. The trouble with this is costing them a lot of money ie traders charges and the cost of the spread of the shares when buying and selling. In my opinion they are generating wealth for the share trading companies. His chances of surviving in this world, very very low.
Why did I inform you about these traders you say? I have identified these from peoples behaviour and shared these with you for you to read and see what type of character you fit into. I'm not saying nether of these type of traders are wrong but its good to try and understand how you fit amongst all the other traders and see what other styles there are.
OK the big news this week is about Dubai's ability to repay its massive amount of debt. Gordon Brown stepped in and calmed the UK markets, however i think that's strange when he didn't do that when the UK Banks was failing. What does this mean for the conditions of the Market? we just have to wait and find out soon.
2 comments:
-
Libertyreserveinvesting.com-9000% of your spend after 24 hours
Security-Investment is a High Yield Investment Program run by a group of investment professionals, We are backed up by Forex market trading, Financial market betting, Sports arbitrage wagers and various other investments in online and offline funds. We are well diversified to provide our members with very safe return of 1000%-9000% after 24 hours You can think of this as a longterm secure investment pool.
Our program is a fully automated; meaning referral payouts, deposits, withdraws made automatic. Interest payouts are scheduled to be done one time during day, and will be made directly to your Liberty Reserve account.. Payments will be made 7 days per week.
Invested amount 24 hours profit
$300 - $1000 1000% of your spend after 24 hours
$1100 - $5000 2000% of your spend after 24 hours
$5100 - $10000 4000% of your spend after 24 hours
$10100 - $30000 6000% of your spend after 24 hours
$30100 or more 9000% of your spend after 24 hours
I deposited $6,000 and Received $240,000 Liberty Reserve money in 24 hours
Date: 2009-11-30 16:21
Batch: 237876XX
From Account: U6526268 (libertyreserveinvesting.com)
Amount: $240,000.00
Memo: LibertyreserveInvesting
My Referral link
http://www.libertyreserveinvesting.com/?U6977645
http://www.libertyreserveinvesting.com/?U6977645
You can check the site paying or not
http://www.yahoomsngroup.com
http://www.payinghyiponline.com
http://www.makecurrencyonline.com
http://www.hyipfunding.com
http://www.libertyreserveforex.net
If you deposit with following link, Just Mail to:hdonvo@gmail.com with your deposit record.I will return 80% of your deposit. Never Missing payment.
fantastic read!