利用者:MarcotteLazenby948
Trade Alone or Having a Partner?
There are benefits and drawbacks to every alternative. Should you trade alone, there won't be any someone to help you with your projects (unless you hire employees) and there will be no one who can trade for you while you are away. Furthermore, there will be no one with that you can discuss various markets, indicators, techniques and trades. To people those who need this kind of assistance, someone or well-trained assistant might be desirable. However, prior to you making such decisions consider the potential negatives of getting a partner.
Too Many Cooks Spoil the Broth
Futures trading is really a 'loner's game'. A partner or partners will get inside your way. You may be influenced to avoid some trades you ought to have made and also to have trades you should have avoided.
Who's Responsible?
It is good to understand that you alone possess the responsibility for profits and losses. For those who have someone or partners, it might be hard to know who is accountable for each decision. Lacking such knowledge will slow they process and may, actually, stall it entirely.
Sharing the earnings
You may not want to share your profits with partners? Granted, they may also be part of your losses, consider you might end up with more losses if you have partners, the advantages may prove nil.
Would you like to Share Your Research?
Many of us consider our research proprietary. We work long, hard hours to develop trading systems and techniques and that we might not want to share these with someone regardless of what she or he would bring in to the relationship.
Slower Decision Time
You may already know, decisions in the futures markets must be made quickly. Often the presence of a trading partner may slow down the decision-making process and, hence, severely limit the speed with which you are able to execute orders. This, as possible well imagine, can frequently have negative results.
Trade for a while, Long Term or Immediate Term?
I possibly could teach several courses just addressing this subject. There are plenty of variables to think about, not the least which are the personality and temperament.
Factors You should think about for making this Decision
•Trading System
While some trading strategies are more ideally suited to short-term trading, others are better suited to long-term trading.
•Time Availability
Only you know the length of time available for you. To trade for the short term or intraday you will have to make a major time commitment. For those who have another job and also you can't get this to commitment, don't even try! Be realistic and determine what you can do with the time available for you. This may automatically make your choice for you.
•Commissions
Are you currently paying sufficiently low commission's to permit short-term trading with a positive main point here?
•Personality
Are you able to go ahead and take pressure of short-term trading? Are you currently more in tune with long-term trading, its less demanding pace and the patience required?
•Health
Surprisingly, health is really a consideration. In case your health reaches stake, then by all means don't push your luck. Trade with the period of time in your mind, that will best be suited to any health issues. Answering this honestly can help make many decisions for you personally without considering any of the other aspects.
•Data
Many individuals they are under the optical illusion that they can day trade the market with no steady supply of tick-by-tick data. Don't fool yourself. To day trade you need up-to-date, tick-by-tick, accurate and reliable data. If you can't afford it, if you do not know how to use it, then don't kid yourself. Daytrading is not for you personally.