Any thriving marketplace has two types of traders: market makers and market takers. Market makers generally try to buy at the current best bid or sell at the current best offer, i.e., they are making a market that is reflected …
In contrast to a fundamental trader who looks to news and myriad supply/demand data as trading inputs, a technical trader gets information directly from the market itself by looking at one picture—a price chart. And, technicians operate on the assumption …