Two Kinds of Trader

There are two kinds of trader

 

One who trades buy low and sell high.
The other trades buy high and sell higher.

 

Why both are interesting?

 

With Buy Low & Sell High, traders often get lower prices, a typical way to gain profit.

 

With Buy High & Sell Higher, traders often get higher prices, not a typical way to gain profit, but since the enter position is after the break out of a resistance, the prices usually move much faster.

 

So which one do you choose?
Buy Low & Sell High: profit from cheaper buying price.
Or
Buy High & Sell Higher: fast profit.

 

Though in some cases, with buy low & sell higher the price rises fast as a reaction to the fast fall.

 

"We can't always predict, but we can always anticipate"
(Angelo Michel)