Finding Your Own Trading Style

After trading and watching the markets for so many years, there is one thing that I've learned...and that is we must all develop our own style of trading. What works for one person most likely will not work for you. The reasons are many but mainly because of who we are. We all have different personalities and we all have our own comfort zone and beliefs. One person might do well trading breakouts in a trending market while another person does well fading the moves in a range bound market.. Another person might do well trading the fundamentals while others are only interested in the technical movement of prices. Some traders scalp the market while other people like to hold on for days or even weeks etc .

So how do we find our own style of trading? Well I believe we need to select a style or an approach that makes sense to us, fits our personality and allows us to still be able to sleep at night. If you cannot sleep at night because you're thinking about your positions in the market, either you are not confident in your trading method or you are trading too large for your account.. If you can sleep through the night without waking up at all, then you are not trading heavy enough.. If you toss and turn once or twice during the night, thats about right...thats a good trading size.. At least for me it is (wink)...But getting back to a trading method, we all need to find what we are comfortable with.. Jack Schwager once quoted one of his market wizards by saying that "Every trader must follow his or her own light".. It's good to look at what other people are doing to learn or educate yourself but only you will know what's best for you.. I would suggest you follow my trading blog for ideas and read many others as well.. My blog may not be right for you..My trading blog might totally be against your beliefs in the market..If thats the case, then move on and keep looking until you find something that clicks with you.. I'm totally serious about that..read books, ask questions, surf the net and in time a pattern will develop in what interests you. When you see that pattern, I want you to go in that direction and don't let anyone influence you.. I'll talk more about this again at a later time... I hope this helps.