What type of trader are you

There are several types of traders on LI?sharing a?passion for the markets (physical commodities/tangible goods separate), but approaching it in different ways.?

1. 30+ years market veterans, former floor-traders, open outcry pits, manual trade blotters and telex machines - no longer 'in-charge' in 2020 and beyond, but?we have great respect for your commitment?and achievements

REMEMBER: you are top-guns.

2. Real Pro and portfolio managers, high discipline, making sustained profits with their own strategy. Many are consciously avoiding 100% automation.?In most?cases automation is genuinely?not possible due to (i) web-based platform, (ii) PC-based platform where such feature is not available, (iii) exotic instruments/underlayings, (iv) strategy focused on fundamentals, (v) company regulations

REMEMBER:?you make the market, yet there is no edge in discretionary methods in a long-run.

3. Conventional traders, staying active 24/5, eager to learn, keep exploring various strategies looking for the best. Many are aiming to 100% automate and developing their own Expert Advisor (EA)/algo

REMEMBER: Broker is not your friend.?Track-record is everything.

4. "Gamblers"?chasing ultra-high returns, not learning the lesson, living through deep drawdowns, hoping to make up for all losses.. one day.?Love algos, tirelessly looking for money-making bomb with risk on steroids

REMEMBER: if you pray you are overleveraged.

5. Stubborn newcomers, got punished by the market - lost few deposits (most likely), learned the lesson, giving up own ideas and attempts, looking to (i) get a hold of profitable strategy, (ii) buy profitable EA/algo, or (iii) switch back to demo/paper trading

REMEMBER: learning curves will end but you must keep learning, never give up.

6. Most mainstream crowd, have had enough of all that anxiety, stress and restlessness lifestyle, lost few deposits (most likely), learned the lesson and switched to (i) low-rates/investing, or (ii) risk-free?around the market?activities

• Books, seminars, trainings, teaching/classes, coaching, youtube tutorials, udemy courses, blogs, newsletters, podcasts, radio shows, 'Hallmark' tips
• Market analysts, Technical and/or Fundamental, financial risk markets experts
• Groups in social media, clubs, mentorships,?consultings, events, Expo's
• Trading contests/competitions/tournaments (reserving right to keep winners IP - bravo)?
• Entrepreneurships, loans/fundings, etc
• Executive search, Introducing brokers (IBs)
• Signal/copy services (different forms and shapes)
• Programming of various tools, platforms, exchanges, online chartering
• Regulations, licensing
• Crypto-mining

Many keep dabbling, speculative, intraday or else,?every now and then..

REMEMBER: you did the right thing, and very clever indeed - dogs eating dogs out there.

7. Least mainstream crowd, money managers with their own robust EA/algo (key difference from #2 above), making sustained profits, managing comfortable AUM, carefully selecting investors (managing own funds, or PAMM/MAM in case licensed/regulated)

REMEMBER: institutional 'big kahunas' and regulators don't like you for obvious reasons. Stay alert and be ready for more regulations.

8. Banks/funds/CTAs/boutiques, stand-alone breeds, merely always in stealth-mode,?Michelin 3-star in lucrative cuisine, after 2-3 losing months in a row pretending they are cool "crunching on the index" - of course you are, with 0.8%-7.5% management fee (as high as 10.05%).?Have registered profiles on LinkedIn for mysterious?reasons

REMEMBER: you are not Nobels, nor Forbes 30 under 30.?You got no style here, LinkedIn is place?for people willing to give and to share.

9. Miscellaneous fraudulent?

• Showing-off XLSs and PDFs portion/extract statements - hiding actual/verified track-records
• Flashing pics/vids of profitable trades (profitable days) - hiding losing trades (rainy days)
• Posting backtest results - hiding live forwards
• Doctoring demo - making it look like real
• Buying (or just typing in) phony testimonials
• Using AI, ML, quantum bots and other buzzwords a lot
• Using bold fonts, all CAPITAL letters and visuals of piles of dollars//gold bars
• Designated scam websites, some are very good looking and responsive (professionally mastered, can be incredibly convincing). Key message - growing your personal wealth with us is a sure thing - as we are so trusted/most proven/award winning.., just sign up (select your "investment plan") to accelerate your success and to enjoy weekly/regular gains
• Guaranteeing NO risk profits - 100% guarantee 100% legit (new era in forex/cryptos - double your money 8-20 times in 8 days.., 5 times ROI within 48 hours.., just watch your account grow from grass 300-1000% per month.., you can make a million.. this sort)
• Cash-back policy (80-lvl con) - if you give us $10K to manage and next monday it's "0" - we refund full amount
• Promoting automated crap, always trying to impress with 10,000% returns (grids, latency arbs and other junk)

REMEMBER: you are easy to spot 10,000 miles away.?

Note: if have read thus far - distribute p.9 to your friends and business contacts, for their awareness

10. Those who quit?markets for good and never open price chart again

• many still staying in touch with new concepts/strategies, GMs, CIOs, CEOs, Professors
• many stay in business as brokerages, liquidity providers, VPS services, transactional/deliverable FX, etc
• many focus on academical, or just happily retire and go gardening/charities

REMEMBER: courses for horses, but you will always miss that feel..

11. AI,?ML, Deep Learning enthusiasts?(real ones) - heads-up!?we, regular folks, wishing you well and looking forward to seeing your results?

REMEMBER: future belongs to you!

12. Your version?(...)

Which type is more like you?

??

P.S. regardless of your profile - my Congratulations,?unconsciously?you have chosen the best job in?corona-proof?covid-free?remote work environment, stay safe!?