#MyCOSTrade #MyCOSTrade: Mastering Opportunity Cost in Trading**
Every trade involves **Cost of Opportunity Strategy Trading (COST)** – the potential gain sacrificed by choosing one position over another. Mastering COST means consciously evaluating alternatives before entering a trade.
**Key COSTrade Principles:**
1. **Alternate Analysis:** Before buying Asset A, ask: "What better opportunity (B, C, cash) am I missing?"
2. **Risk/Reward Scrutiny:** Does this trade's potential truly justify tying up capital *now*?
3. **Portfolio Balance:** Is this allocation optimal, or could capital work harder elsewhere?
4. **Exit Strategy:** Define exit points to free capital for future opportunities.
5. **Patience:** Sometimes the best COSTrade is *not* trading, preserving capital for high-conviction setups.
**Your #MyCOSTrade:** Systematically weigh alternatives. Make capital deployment deliberate, maximizing opportunity – not just chasing positions.