Sun Tzu’s ancient wisdom from “The Art of War” elegantly applies to the modern world of financial trading: “If you know the enemy and know yourself, you need not fear the result of a hundred battles.” This powerful statement emphasizes the importance of self-awareness (Trader Profile) as wall as understanding of the financial markets (Market Profile) in trading process. In trading, knowing your “Enemy” means understanding the volatile market and knowing “Yourself” means being aware of your trader profile. Basically, there are three broad types of trader profiles that can help you identify where you might fit into. (A) The Speculative
Read More