I find myself regularly reading posts (not just on FF), about why some "trading styles" are better/worse than others.
Why trend trading is "better" than swing trading, is "better" than day-trading etc. etc. etc.
In life, many of us rebel against the mere thought of being catagorised, classed or classified in any way shape or form..."I am me, an individual" we tell ourselves, not what he said, or she said, or they call me.
So I often ask the question - Is all this really necessary or infact helpful to anyone? Is it even "healthy" for the mental state of so many new traders in this arena?
I often speak to "newbie" traders who ask me that exact question:
"Which way to trade is better?"
Besides trying to be profitable, they also have to contend with "what kind of trader am I?" type questions that face them. "Will I be more profitable if I day-trade? or long-term trend trade?" It is a huge psycological barrier for a very large number of traders, to not know where they "fit in".
Does it really matter? As you see SO often from peoples responses to threads about "trading styles", it is the TRADER and his attitude that makes all the difference.
Personally, I have been, and still am "all of the above".
IMHO, you have to be flexible, adaptable and resilient, at all times, or the market will eat you alive.
One thing we CAN all agree on, and is probably the most important factor to hold on to, is that we are all TRADERS.
(can't we all just get along
)
Why trend trading is "better" than swing trading, is "better" than day-trading etc. etc. etc.
In life, many of us rebel against the mere thought of being catagorised, classed or classified in any way shape or form..."I am me, an individual" we tell ourselves, not what he said, or she said, or they call me.
So I often ask the question - Is all this really necessary or infact helpful to anyone? Is it even "healthy" for the mental state of so many new traders in this arena?
I often speak to "newbie" traders who ask me that exact question:
"Which way to trade is better?"
Besides trying to be profitable, they also have to contend with "what kind of trader am I?" type questions that face them. "Will I be more profitable if I day-trade? or long-term trend trade?" It is a huge psycological barrier for a very large number of traders, to not know where they "fit in".
Does it really matter? As you see SO often from peoples responses to threads about "trading styles", it is the TRADER and his attitude that makes all the difference.
Personally, I have been, and still am "all of the above".
IMHO, you have to be flexible, adaptable and resilient, at all times, or the market will eat you alive.
One thing we CAN all agree on, and is probably the most important factor to hold on to, is that we are all TRADERS.
(can't we all just get along
)
Carpe Divitiae
!
)
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