Trading Strategy: Stay Composed

Buenos Dias, it’s been a week of travel and culture.

I went to a see the National Symphony Orchestra of Colombia this week. It was incredible watching 50+ professional musicians warming up. Despite their individual expertise, the practice session sounded like a train crash!

The composer arrived to begin the performance, and I watched in admiration as she brought everyone together to deliver harmoniously without error. Her direction, rhythm, tempo, timing, and presence turned the musicians into a robustly organised team. I’d always wondered why composers take so much glory, and it finally made sense.

It inspired me to think about trading as a meticulous artform with so many moving parts and the importance of being composed. Clearly, we must always be growing our informational edge and skillset. Yet without a trading strategy and system to manage ourselves, the end result will always be a train crash to our account balances.

A lesson re-learned by me this week, and so today we’ll cover the importance of strategy.

"Repetition is Mastery!"

Random Fun Fact: The Ancient Romans used to drop a piece of toast into their wine for good health - hence why we 'raise a toast'.