This afternoon's webinar hosted past times SMB's Option Tribe featured splendid questions from participants. Two inwards item accept me thinking, as well as I promise to portion thoughts soon:
1) How does the developmental stage of the trader (age, marital status, kids/no kids, other career activities) touching on how the trader approaches markets? Might in that place endure different best practices for traders inwards middle as well as afterward years compared alongside those inwards early on years? Are the motivations of older traders different from those of younger ones?
2) How create the best practices of longer time-frame traders differ from those of shorter-term ones? Is the learning procedure for longer-term traders different from that of shorter-term ones? How tin longer-term traders hand the deliberate exercise needed for the evolution of expertise, given that they house far fewer trades than daytraders (and thence accept fewer learning trials)?
There are many paths to success. Traders vs. investors; younger participants vs. older ones; intuitive designing traders vs. research-oriented ones--all may accept really different best practices as well as travel processes. Trying to mimic the practices of traders dissimilar oneself mightiness endure a formula for frustration.
Further Reading: A Solution Focus to Trading
1) How does the developmental stage of the trader (age, marital status, kids/no kids, other career activities) touching on how the trader approaches markets? Might in that place endure different best practices for traders inwards middle as well as afterward years compared alongside those inwards early on years? Are the motivations of older traders different from those of younger ones?
2) How create the best practices of longer time-frame traders differ from those of shorter-term ones? Is the learning procedure for longer-term traders different from that of shorter-term ones? How tin longer-term traders hand the deliberate exercise needed for the evolution of expertise, given that they house far fewer trades than daytraders (and thence accept fewer learning trials)?
There are many paths to success. Traders vs. investors; younger participants vs. older ones; intuitive designing traders vs. research-oriented ones--all may accept really different best practices as well as travel processes. Trying to mimic the practices of traders dissimilar oneself mightiness endure a formula for frustration.
Further Reading: A Solution Focus to Trading
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