A Problem Shared…

A few years ago a trainer told me that one of the best ways to stay profitable is to have a trading partner.  They don’t have to be trading the same stocks as you, but it is good to share ideas and just have someone to talk to about trading, as once you have the bug, it’s hard not to talk about it at every opportunity.

I agree that it is good to have a trading partner, but I think it is more important to just have someone else to talk to that, either has a vested interest in what you are doing (i.e. your wife/husband), or is just willing to humour you at least and listen to you drone on for a bit about the latest trading system you are working on.

It is also worth noting that some of my best trading ideas have not come from the master traders that have taught me, but from my wife!

I often present her with a problem when I am trying to improve on something and as she is removed from the trading process and can look at it from a birds eye view, she can often come up with a simple little change or spark and idea in me that solves the issue I was having.  And she doesn’t even trade.  Sometimes we can’t see the wood from the trees and it takes someone impartial to point out the obvious.

So, if you are already trading or just starting out, find someone to talk to, it can spark all sorts of profitable ideas or at least keep you focused on executing your trading techniques flawlessly.

May today be a profitable day…for all of us.

John