4 Types of Traders
Posted by jest on April 22, 2008
There are essentially 4 types of Informed Traders. (identified by Larry Harris in his book, Trading & Exchanges)
- Value Traders
- News Traders
- Information Oriented Technical Traders
- Arbitrageurs
I figured that most of us falls under the ‘Information Oriented Technical Traders’ category. Which makes me wonder, how many of us will really have the edge against the other, there are plenty of technical strategies out there but i bet the most successful ones are mainly the types where most technical traders look at. So which one is it? Anyone care to invite me to the club?
Anyway i would love to post more information abt the 4 types of traders, but i figured i might just be wasting my time, also if one is interested in finding out more, why not pick it off the racks instead?
