The One Right Trading Strategy

Oh, would that be true. But alas, it is not.

There is no one “right” trading system. Why? Because we’re all different. We have different personalities. We have different capital needs and availabilities. We have different temperaments and thresholds of financial pain (yes, there is some of that in stock trading). We have different goals, different psychological needs, and the disparities go on and on.

The secret, if there is one, is to match your personality with a suitable trading lifestyle. If you’re an aggressive person who can bear high risks and often matching profits, then find a trading strategy that matches.

But, if you abhor “failure” and find solace in slow-moving trades that usually hover around their support levels, search out trades that agree with that more conservative position. The point is, you’re likely to fail if you don’t find the trading program that matches your disposition since, eventually, your personality will win the day.

The bottom line is to be true to yourself when creating a trading system and adhere only to the kinds of techniques that find fertile room for growth in your personality makeup.