Should I be a chart reader or a system trader?

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My advice is to systematize as much of your trading as possible.

For one, there is less chance for computational errors.

Two, systems will help you eliminate and disqualify names from your list.

A good system is a complete risk management tool that includes entries, exits, and risk management.

I regularly see and hear about traders trying to find opportunity on a chart when there’s nothing there.

Then they start overthinking things and can find themselves in trades that they have no business being in.

I know traders who read charts. I know a lot who run systems. I know a lot who read and incorporate fundamentals too.

The goal is to find what’s best for you.

I would start with one and evolve from there.

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