Roebear. You do more ST work than some
folks here. But, it seems to work for you. I've always felt one of the most important things is to do your own work and <trade your plan>.
IMHO, although we can learn a lot from eachother, it's never a good idea to try to copy someone else's style. It rarely works out well in the long run. And it delays developing an approach tailor made to one's own needs, goals and temperment. My old mentor helped me come to a better understanding of that back in 1986.
An example of what I mean by temperment is that some people thrive on constant activity while others find it bothersome, perhaps even annoying. So, their respective holding periods, and the tools they prefer will differ considerably. And that's what we see on this thread and many others as well.
The best way we can help eachother is to encourage that diversity while offering our varying perspectives when we have time to post same.
We also change a lot as we get older. My preference for Intermediate holding periods, the tools I use, and the time I need to devote to trading has developed around a life style that's a lot more laid back than it was 20 years ago when my net worth was a fraction of what it is now. I don't need to work the long hours I used to.
At 58, the balance between making it and enjoying it has shifted a good deal toward enjoying what I've earned over a lifetime. OTOH, I can understand that most folks are a lot more driven. Been there, done that.<g>
Isopatch |
