Don’t Be the Jack of All Trading Systems

Have you met my friend, Jack? He’s fairly good at lots of things, but I wouldn’t say he’s really great at anything. And I think I may have figured out why.

At the Apiary Fund, we not only offer a very thorough education curriculum, which we call the Trader Development Program, but we also conduct live discussions. Now don’t get these confused – the live discussions are there to supplement the core education. Think of it as added value!

Too often I see new traders get lost jumping between the Trader Development course material and the live instruction. If you’re new to the world of foreign exchange, then this might be problematic in your efforts to learn. While our established course material is aimed at the very newest of beginners, our supplementary live instruction is not. The difficulty of the live material varies greatly, with much of it aimed at more experienced traders.

So, if you’re struggling to find a foothold between the Trader Development courses and the live instruction, you could be spreading yourself too thin! If you’re keeping busy in the Trader Development material and attending all the various live classes and discussions, then hats off to you! We love to see our traders enthusiastic and committed! However, this could be unnecessary, or worse, detrimental to your development as a trader.

We at the Apiary Fund stress finding a trading system that works for you. That’s why we’ve developed the Investor Profile! Once you find an effective trading system, strive to develop different strategies within that system and stick with it! If you’re bouncing around system to system from one day to the next, how are you ever going to master one?

Just remember what Brent always says: “Don’t mistake activity for achievement.”

About Tom

Tom Lund is the Content Manager at Apiary Fund where he began his career in 2012. He creates and edits the educational material that Apiary Fund uses to train new foreign exchange traders. Lund researches and writes the investing news and tips for the Apiary Fund blog and website. He graduated from Brigham Young University-Idaho with a bachelor’s degree in English.

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One Response to Don’t Be the Jack of All Trading Systems

  1. Nathan Allred March 20, 2013 at 4:29 pm #

    So true! I have made a lot of money off of just one or two strategies. You don’t have to always be in the markets. Hard lesson for me to learn.