In my three-year experience as a retail trader, I have come to appreciate that the most valuable commodity we have as traders is [B]time[/B]: this, once lost, cannot be taken back. The time one spends on the charts and/or actively trading is time taken away from other parts of our daily life.
As a more mature trader, I value my time more jealously than earlier in life, and my trading style has made a transition to a better fit with my life around other commitments, meaning that from daily ‘system’ trading I have graduated to longer-term trading, the so-called ‘position’ trading. In this video, I look at what it means to sit on trades for months at a time, and what the psychology of it may be.
