What type of trader are you?
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Types of traders are the fundamental trader, noise trader, arbitrage trader and market timer.
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Fundamental trader are focused on a company specific news to determine which stock to get and when to buy it.
This type of trader usually prefers long term investing.
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Noise traders make their investing decisions without using fundamental data, they prefer short-term trades taking into the account current market hype trends.
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Arbitrage Traders buy and sell assets in order to profit from price difference in a short term. This type of trading is often associated with hedge funds.
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Market timers usually choose technical indicators or economic data in order to predict the direction of the price.
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Which type suits you the best? Leave a comment below.
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