Brian McAvoy from Inside Out Trading argues that most trading strategies aren't new, and success depends on picking one that matches your personality. He offers a free guide to help traders find the right fit instead of chasing unrealistic promises.
Hi, Brian McAvoy here with Inside Out Trading. And today I want to address something I hear. So many traders, they're constantly chasing strategies, and it just kills me because as far as strategies go, there really are extremely rare that anybody comes up with a truly new strategy. Almost all of them that you hear about, it's some past version of something that's already existed, probably for decades. As far as a strategy, most of them have been figured out a long time ago. There have been so many, so many people in the trading space, so many smart people with resources who have explored all the possible different ways to trade and the different strategies you can employ. And the thing is, most of them, the good ones, have been published. There are books about them. There are YouTube videos about them. There is no shortage of strategies out there now. A lot of them are crap. That's true. Some of them are good strategies, but they're not good systems. That's. That's a topic for another day. Because the strategy is not a system. They're not the same thing. But when it comes to strategies, there are plenty of them around. There really are. And just because you hear somebody over here, look at all this money I'm making. I started with $10 this morning and I'm a millionaire by lunchtime. No. And yeah, you think I'm exaggerating. There's a lot of YouTube videos where the claims are almost that bad. But anyway, with strategies, the most important aspect of a strategy, it's not being able to find a profitable strategy. There are plenty of them around. There really are, well published in detail. You can go to the library and find them. You can find them online. Plenty of proven strategies. There really are. The most important thing when it comes to a strategy is that you're working with one that really is well suited to you. If you're working with a strategy and it just, it's almost a good fit, maybe, you know, not that good of a fit for you, and you're using it just because you heard somebody's making money with it or it sounds sexy or whatever, that's not what you want to work with because there will be an inherent internal conflict if it doesn't resonate, if it's not really a good fit for you and your personality and your inclinations, you got to be working with something that's a really good fit for you. And to help you with this, I created Perfect Trading Strategy Selection Guide. And it's a set of nine criteria that it's like if what you're looking at checks all these boxes, it will be a great fit for you. You'll find it easy to execute, find it very comfortable, it'll be a whole lot easier to stick to. That's the other thing. If you're working with a strategy that's not a really good fit for you, you're going to deviate. It's going to be always tempting to deviate from it. You're going to get urges to go trade, do chase other trades. And so the best way to really safeguard yourself from chasing trades that aren't per your your chosen strategy is to make sure that you're working with one that is a good fit. So anyway, swing by Inside Out Trading.com the guide is free at the top of the page. When you go to InsideOutTrading.com at the top of the page there's the link free strategy guide and you can also there'll be a pop up that pops up but anyway it's super easy to get. Just pop your email in there, you'll have instant access to it. And this is really one of the best things you can do for yourself is to make sure that yes, it meets all the criteria. This is really going to be a good fit. You're going to like it, it's going to be comfortable, you're going to be excited to take it to the markets and it's going to be a good fit for you. It'll be easy to execute. So those are super important things. So anyway, I hope this video has been helpful for you. If it has, this is the kind of videos that I publish is how to be a good trader, how to become that trader that you're capable of, that you want to become so that you can enjoy the lifestyle that you're looking for from trading. And that's what that's the videos that I produce is how to be a Trader. I'm not talking about magic strategies and clay roll hype and all that kind of stuff. No, this is how to become that person. If that resonates with you again, go ahead and subscribe to my channel. You'll get notified when I publish videos and also share this with your friends. If you have friends who trade, they'll like you better. If you're helping them make their trading better, making more money, all that kind of stuff. Again, I hope this been helpful. If it has, great, then I've accomplished my goal. Talk to you soon. Cheers.
