As you start your trading journey, it’s important to realize that there are many different ways to trade. Just like driving a car or wearing clothes, your style may change over time, and this is a good thing.
Trading is like driving a car.
There are many different ways to drive a car. You can get in the left lane and try to go as fast as you can. You can get in the right lane and go slow and steady. You can be one of those drivers that is weaving in and out of each lane, trying to find the best line, the fastest way there.
There are a lot of ways you can drive your car, but ultimately what’s the goal? To get to your destination.
Trading is like wearing clothes.
There are some types of clothes that are going to fit you better than others. It doesn’t mean one is better than another, but they are different.
As a trader, you’re going to hear many different styles of trading. It’s great that we have these various styles, because you might not find which one fits you until you’ve tried a couple.
Sometimes the way our clothes fit changes over time; likewise our trading style will adapt over time.
As you become a better trader, you need to find the style that suits you best at the time.
The best thing a trader can do is identify the types of things that are working best right now. Ask yourself, “What things are producing the results I want to see? What kind of opportunities will get me to the goals I have set?”
Put on your best pair of clothes, get in your car, and reach your destination.
