In the investment and trading world, there are two terms that are often mentioned: left-side traders and right-side traders. The left-side trader represents Buffett, and the right-side trader represents William Gann. So which mode is better, the left-side trade or the right-side trade?

The left side generally has a higher winning rate and a higher average profit margin, but the risk is also relatively large. Long-term investors are mostly left-side traders, and short-term contrarian traders are also mostly on the left side.

The right side generally has a lower winning rate and a lower average profit margin (occasionally eating a large wave, and the rest are many small profits and stop losses), but the risk is also relatively small. Short-term strong or wave traders are mostly on the right side. Because of the consideration of transaction cost factors, short-term trading is dangerous to chase prices.

There is no standard answer for the left and right side selection, and the main criterion is the ability to bear risks. People with more risk tolerance: It is recommended to enter and exit on the left side. People who lack risk tolerance or pursue a relatively smooth performance curve: It is recommended to enter and exit on the right side.