Hi Emmanuel7788
Here maybe another paragraf of the article can help me answer your question
Scalping(short term), SwingTrading (mid term) or Positional Trading (long term)
Itdepends on the Market Type - exclusively.
That is the reason why your trading system (method, strategy or tactic) needs to beflexible and capable of properly identifying which type of market conditionexists, so that the right tool can be brought to bear on the market, at theright time.
It is precisely because there are different Market Types, that you seedifferent types of trading styles, or techniques being deployed. The mostprofitable, would be a trading system that successfully integrated all three (3)Market Types into one cohesive trading operation/function.
thank you very much
Hugo[/quote]
Knowing the various Market Type and how to identify each different Market Type, and having a Trading Plan to trade each different Market Type is vital to your survival in this business. It is not that different like in other business we see out there everyday.
Trending Market Type is the easiest to trade. Then there are different sideway Market Type. The wide range sideway market is next best to trade. The narrow range sideway market is most difficult to trade.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett