BetterTraderAcademy – Building Robust Strategies Master Class Course

Robert Pardo – Building Robust Strategies Master Class

BetterTraderacAdemy – Building Robust Strategies Master Class

• Access Robert Pardo’s strategy creation knowledge
• Start building robust trading strategies right away
• Implement Bobs proven framework in just hours
• Build good quality trading strategies
• Crush your biggest trading challenges
• Fast track your success

“Bob Pardo gave me a totally different view on how to succeed in the markets…”
– Adrian Reid, Stock Trading Expert

What is a ‘Trader’ A trader is an individual who engages in the buying and selling of financial assets in any financial market, either for himself or on behalf of another person or institution. The main difference between a trader and an investor is the duration for which the person holds the asset. Investors tend to have a longer-term time horizon, while traders tend to hold assets for shorter periods of time to capitalize on short-term trends.

A trader can work for a financial institution, in which case he trades with the company’s money and credit, and is paid a combination of salary and bonus. Alternatively, a trader can work for himself, which means he is trading with his own money and credit but keeps all of the profit for himself. Among the disadvantages of short-term trading are commission costs and paying away the bid/offer spread. Because traders frequently engage in short-term trading strategies to chase after profit, they can rack up large commission fees. However, an increasing number of highly competitive discount brokerages has made this cost less of an issue, while electronic trading platforms have tightened spreads in the foreign exchange market. There is also disadvantageous tax treatment of short-term capital gains in the United States.