The 5 different types of Professional Traders

427
Learn what each professional trader group trades, how they trade, when they trade and why they trade.
There are:
Sell Side Institution Floor Traders
Buy Side Institution Floor Traders
Proprietary Desk Traders (prop)
Specialist Professional Traders
Independent Professional traders.
Each type of professional trades differently. Each has a different agenda for trading a particular stock.
Sell Side Floor Traders trade short term to generate income for the big Money Center Banks.
Buy Side Floor Traders are long term investors for mutual funds and ETFs and other derivatives and manage the quantity of shares held for all of the 4000 -6000 stocks their Buy Side company is holding.
Specialists usually are trading one stock or an industry.
Independent Professional Traders trade at home for themselves. Most are former Sell Side floor traders. This group is growing in numbers as more floor traders opt to go rouge and trade for themselves.
You need to learn how to identify which professionals are in a stock with tells you the intent of the trade and the probable hold time.
Learn to trade with the professionals rather than against them.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.