Averaging 80% per year, the program was a success, showing that anyone with a good set of rules and sufficient funds could be a successful trader. In mid-1983, Richard Dennis put an advertisement in the Wall Street Journal stating that he was seeking applicants to train in his proprietary trading concepts and that experience was unnecessary.
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Types of Traders Swing trading. There are hundreds of types of traders. The biggest differences come in the time chart you use for your trading. If you are holding positions for multiple days or weeks at a time, generally you are called a swing trader.
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