TradersCALM - Vantage Point 1 © "Dedicated to trading with good feelings."                                  All services are free.
	A vantage point is the place where you are coming from.     It is certainly easier to have empathy with another if you can envision where they are coming from. So being able to change vantage points, or perhaps even better, simultaneously hold more than one vantage point, means that you can perceive things that otherwise would be hidden from you.     Perhaps one aspect of wisdom is no more than ability, and a deliberate choice, to flex vantage points. To help you, as a trader, to flex your vantage points, tradersCALM offer and contrast the vantage points of a trend-follower and of a market path trader.     Of course some traders use both vantage points to advantage. Consideration Trend Following Trader Market Path Trader Acceptance of Losses Frequent but small losses are the cost of doing business. Running losses and double normal margin are the cost of doing business. Treatment of Losses A maximum loss on each trade is rigorously enforced. A cry uncle point for multiple trade running losses is rigorously enforced. Expectation of Profits 12%p.a. to 100% p.a. Minimum of 100% p.a. Treatment of Profits Profits are run. Profits are taken at premeditated accrued profit levels and/or market retracement levels.		Welcome Self Assessment Links Inner Tendencies What's New Contact Us CALM Secrets Tip of the Week Risk of Ruin