If you answered «yes» to these questions, or if you feel stressed having to come up with numerous
trade decisions in a day, then trend -
following mechanical systems may be the right entry / exit method for you.
In his book, «
Mechanical Trading Systems: Pairing Trader Psychology with Technical Analysis,» author Richard Weissman identifies three basic trader personality profiles: trend - following, mean - reversion, and day - trading
Trading Systems: Pairing Trader Psychology with Technical Analysis,» author Richard Weissman identifies three basic trader personality profiles: trend -
following, mean - reversion, and day -
tradingtrading types.