My preferred timeframe is actually a longer-term swing trading. I know myself because my personality is that I don’t like to make quick decisions. I’m not the kind of person who like to make instinctive decision. So I like to take my time to actually look for trading setups. I like to take my time to actually… What would I say? Plan for the trade, and then I would like to take my time to actually execute the trade properly.

And besides that, because I’m also running a business as well. So generally for those people who are running business and not a full-time trader, you will also have to dedicate time to run the business itself, which means that you’ll have lesser time to actually monitor the market very closely. And that is the reason why my preference is actually to go longer-term swing trading to position trading.

Interested to receive mentorship opportunities like this with Philip?

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Philip Teo

Founder & CEO at Traderwave Pte Ltd
Philip Teo is an entrepreneur, speaker and trading coach who specialises in the field of Technical Analysis of the financial markets. He is currently the Founder and CEO of Traderwave Pte Ltd, a financial technology company that offers a web charting application to global traders. He has conducted many trading seminars and appeared on national television before. He is also currently an official speaker and trainer with SGX Academy. Learn more about him at his Google+ Profile, LinkedIn Profile and Facebook Profile

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