Finding Trades. Any Time…Any Place…Any Direction
Trading is a very interesting game. A game in which I feel the competition is more between us and ourselves instead of us and the markets. In today’s Transformation Strategy Lab we did an interesting experiment proving just how easy it is for us to find trades. Unfortunately, becoming a consistently profitable trader isn’t about “finding trades” rather it’s about finding “good” trades.
Yes, finding trades will make us money, but they will also cost us a lot more money. Finding good trades (although not as frequent) will make us money and allow us to considerably cut down on how much of that profit we give back to the markets.