"LOL I never went to UNI and have any qualifications .. certainly far FAR from the smartest sharetrader around..but I have come up with systems that seem to workOriginally Posted by instruments
The simplest method I work with is the "EFFORT TRADER" in my core focus "RESOURCES"
It is all about consuming large quantities of information.. weekly week after week year after year decade after decade
I don't use stop-loss orders every morning bar SUN-MON I check 25x market instruments . ... gives me rough ideal how the day will flow... then on average I'll focus at least 2-3hrs in the weekday mornings on Marco market events/world events /commodities etc
Weather depended..Golf / GYM 2-4 mornings a week after this ...
A BIG weekday day
-Midday to 5-6pm ... Micro-focus on my portfolio 12-15x stocks
break dinner hang with kids
if I feel much more MICRO/MACRO INFO I want to take on work again from 9PM to midnight ...
Generally like to play COMP GOLF WED so much fewer hours maybe 3-4hrs
weekends maybe around 10hrs
but on average I reckon I spend between from 50hrs to 70hrs pw focusing on the resources stocks ///Macro etc
...Now much smarter people could prob take much less time but my brain needs time and repeat info to soak it in .. also some of my time is just like this post talking about the markets reading books etc
So you could say the harder I've worked the luckier I've got ..
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