⚡️ The trading model is not a technical choice but a lifestyle choice
The other day I was chatting with GPT about trend trading. It said that you don’t actually like trend trading; what you like is a lifestyle where you don’t have to watch the market every day. You like the certainty of being able to go all in when the opportunity arises, and you prefer a routine that allows you to maintain a habit of going to bed early and waking up early while still being able to trade well.
This conversation was very useful to me. We are often troubled by the good news of others; how much money xxx made by rolling over positions, how much money xxx made through memes. These are actually expressions of other people's chosen attitudes towards life reflected in their trading.
For example, some people can stay indoors for five days, staring at the blockchain, and after getting the results, they take a crazy rest, and so on.
To find a trading style that suits you early on, I think you can ask yourself a few questions:
1. What kind of lifestyle do you expect? Give yourself a timeline and honestly tell yourself how much time you can dedicate to trading each day.
2. What have you done better than others in the past? What common methods do you have?
3. What are your strengths in the eyes of others? Why do others need you?
4. Finally, what trading styles do you understand? What skills do they require? Do they match with what you have above?
In fact, choosing the right one is simple. You will find that you progress faster than those who started at the same time; this is your way.