The third commandment of profitable trading is to use an approach that suits you. If you’re a very patient, long-term considered person, you want a long-term strategy. A long-term strategy is a trading strategy where you buy and you wait through the big major trend, and the stock keeps going up. And then when it’s stopped going up and starts going down, you sell and make a profit out of the big chunk of the trend.

But if you were a less patient person, someone who wants a lot of activity and action. You need a more frequent trading strategy and match it to you. I discuss six dimensions of your trader profile of what you must understand and match in my programs. You have to be comfortable with the strategy. It’s got to fit you so you can follow it.

author avatar
Adrian Reid Founder and CEO
Adrian is a full-time private trader based in Australia and also the Founder and Trading Coach at Enlightened Stock Trading, which focuses on educating and supporting traders on their journey to profitable systems trading. Following his successful adoption of systematic trading which generated him hundreds of thousands of dollars a year using just 30 minutes a day to manage his system trading workflow, Adrian made the easy decision to leave his professional work in the corporate world in 2012. Adrian trades long/short across US, Australian and international stock markets and the cryptocurrency markets. His trading systems are now fully automated and have consistently outperformed international share markets with dramatically reduced risk over the past 20+ years. Adrian focuses on building portfolios of profitable, stable and robust long term trading systems to beat market returns with high risk adjusted returns. Adrian teaches traders from all over the world how to get profitable, confident and consistent by trading systematically and backtesting their own trading systems. He helps profitable traders grow and smooth returns by implementing a portfolio of trading systems to make money from different markets and market conditions.