Trading Home Trading exchange Exchange procedures Trader's roles
To achieve his goals, the trader must be able to use good information at the convenient period. Information comes to him, in addition to the traditional mediums (television, newspapers…). These companies provide in real time reports in textual form. The trader is the second person on ground to receive information, after the journalist himself. The trader must sort and compile this information in order to draw some that seems to be relevant for the market his is interested in. The systematic trading rests on clear and mathematical rules so that one can test them and evaluate them on the long run. They are based on the technical analysis. Events releases lead on signals of purchase or sale. According to the tendency of market, certain software enables you to configure according to your criteria the percussion releases of purchase or sale (candlesticks, RSI). The discretionary trading, being based on the fundamental analysis, requires a good knowledge of the markets. The discretionary trader will base its decisions on its experiment of the markets. It will be able to determine the tendencies according to the nature of information obtained the timing, the branch of industry and a multiplicity of other factors. These subjective decisions not only require to know well the market but also a good self-control.
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