15 Ways To Simplify Your Trading
edbrambley@Flickr
I was watching a community work crew put up a bridge across a creek many years ago. I asked the guy in charge how the puny boards could hold the weight of the men out on the middle of the river.
He said, “It’s not the wood, or ropes, or posts that keeps the bridge up, it’s the design.” In other words, that pile of wood could not do anything without a solid idea behind it.
How profound. Sometimes we see the effects of our behaviors and pronounce them the cause, or the design. If I asked a hundred traders why they trade, they’d probably say because of the returns. But, underneath, there is a simple design. People may actually trade because they want excitement. Or they want security. Or they want to show off in front of a possible date.
The inability to find this know yourself is just one way you can complicate your trading. And that causes problems. If you want to build a better bridge to solid returns, here are fifteen ways to better understand yourself and to simplify your trading.
Automated Trading, Investing, Money, Online Investing AI, Success, US Economy
is one of my favorite financial books of all time. It's an allegory about a guy who has a terrible job, and how he overcomes challenges to achieve his dreams.
