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TA Challenge: Are you a left-side or right-side trader?
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Meta Moo joined discussion · Jun 18 22:04

TA Challenge: Left-side vs right-side trading. Which trading style suits you?

Hey, mooers!
It's time to talk trading! Ever heard of left-side and right-side trading? Want to find out which one aligns with your investment style? We're breaking down these styles to help you figure it out.
Before we dive in, be sure to hit like❤️ and save⭐ this post!
TA Challenge: Left-side vs right-side trading. Which trading style suits you?
Ready to learn? Here we go!
1 | Understanding left-side and right-side trading
TA Challenge: Left-side vs right-side trading. Which trading style suits you?
Left-side trading: Attempts to forecast market shifts
Left-side trading is about making your move near the relative highs or lows, using forecasts to decide when to buy or sell. Those who trade on the left side look to buy just before the market drops to its lowest level for the period observed or sell just before it reaches its highest. They lean on deep market analysis, records of past market behavior, economic signals, and fundamental analysis to try and act just before trends take a turn.
TA Challenge: Left-side vs right-side trading. Which trading style suits you?
Right-side trading: Go with the flow
Right-side trading, on the other hand, is about patience, waiting for a clear sign of where the market may be headed. Right-side traders rely heavily on technical analysis and ride the market's trends and momentum. It's about joining in as the prices begin their ascent from the bottom or stepping out as they descend from their peak. It's a strategy less about forecasting and more about acting on what's happening in the market right now.
TA Challenge: Left-side vs right-side trading. Which trading style suits you?
2 | It's quiz time! Left or right?
Look at the four images. Can you match the images to the left (L) or right (R) side trading style? Get it right, and you could earn points. We're awarding 10 points to the first 100 mooers with correct answers!
TA Challenge: Left-side vs right-side trading. Which trading style suits you?
3 | Pros and cons to weigh
Left-side trading
✔️ Pros: Left-side trading gives traders the potential advantage of entering the market before others, which can lead to considerable gains if they accurately identify a market reversal. This strategic positioning can possibly yield impressive profits.
❌ Cons: However, pinpointing the exact highs and lows of stock trends is demanding and requires deep analysis. The chances of making such precise predictions are minimal, and the associated risks are high. Setting technical stop losses is also complex, as it's influenced by personal risk preferences and the particulars of the trade, often leading to sub-optimal stop losses. Most investors tend to cling to their positions, waiting for the market to shift, which may be a lengthy process.
Right-side trading
✔️ Pros: Trading with the trend on the right side rather than the left generally lowers risk as it avoids the need to identify market turns. It's based on following clear trends and the market's momentum, which can lessen the stress of misreading the market's direction. After the trend is verified, traders can usually set a definitive stop loss level, which is essential for managing risk.
❌ Cons: The trade-off is potentially lost profits from the initial stages of a market turnaround. Also, abrupt market shifts can cause quick financial losses. Additionally, poor liquidity in various market scenarios can alter the timing and expenses associated with entering or leaving positions.
4 | Which one is for you?
Left-side trading is intricate and ideally suited for teams in institutions or market-making entities. It might not be ideal for individual retail traders because of the expertise and attention it demands. In contrast, right-side trading is less complex, with straightforward stop loss and entry points for more stable potential returns. Each style brings its own set of characteristics. The best fit depends on the individual trader's skill and investment goals.
5 | Key indicators for each trading style
Left-side trading
This tactic is referred to as left-side trading because it involves placing trades before the cyclical market tops or bottoms. Early moves can be informed through fundamental analysis, while oscillators like the RSI and KDJ, along with the Fibonacci tool, can be used for additional analysis.
Right-side trading
This tactic is termed right-side trading since it involves entering trades after the cycle's highs or lows. This approach often uses trend indicators such as moving averages and MACD, as well as chart patterns, for deeper analysis.
Want to learn more? We have courses to help you.
Path: Discover> Learn > Premium Courses > Technical Indicators
TA Challenge: Left-side vs right-side trading. Which trading style suits you?
6 | Are you a left-side or right-side trader?
As the saying goes, "The more we share, the more we have". Let's take this chance to review our trading history and share our trading styles and lessons with other mooers. It's a great way to learn from one another!
We'd love to hear from you:
● Do you prefer left-side or right-side trading? What led you to this choice?
● What stands out as your most effective or least effective left-side or right-side trade? (Please include a moomoo chart for illustration.)
● What are your go-to technical indicators for your chosen trading style?
Event time: Now – July 10, 9:59 AM EDT/9:59 PM SGT/11:59 PM AET
Rewards:
● To qualify for rewards, posts must include moomoo chart screenshots with buy/sell points to show your trading type and be at least 30 words long.
1,000 points: for mooers of the top 5 informative and popular posts
200 points: for all mooers of on-topic posts with 10+ comments（excluding author）
100 points: for all mooers of on-topic posts
*The above rewards are mutually exclusive and will be issued within 10 working days after the event ends.
Eligibility for rewards will be determined by Moomoo Technologies Inc., at its sole discretion, on the quality, originality, and user engagement of the posts.
TA Challenge: Left-side vs right-side trading. Which trading style suits you?
❤️ When you encounter an excellent post by a fellow mooer, a simple like can go a long way! It's a gesture of support and appreciation for their shared insights.
Lastly, if you have access to Lv2 data, it can greatly help your trading. Now, Nasdaq TotalView LV2 is available for free until the end of July! If you haven't got it, click the link or tap the picture below now.
TA Challenge: Left-side vs right-side trading. Which trading style suits you?
Note: This image is not current nor is it a recommendation.
This presentation discusses technical analysis, other approaches, including fundamental analysis, may offer very different views. The examples provided are for illustrative purposes only and are not intended to be reflective of the results you can expect to achieve. Specific security charts used are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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