Question regarding trading style

[Lopen 10]

I often read in trading books how a trader must find his or her style. Can anyone explain this to me? I guess I have yet to find my style but would like to have some kind of idea what it is I am supposed to look for. Thanks in advance.

[torero 10]

Trading style comes from knowing where your maximum point of stress and emotion are at and where you relaxed and unemotional. This comes from mainly knowing how large a loss you're willing to take on each trade. Case in point, some people can handle $1000 stop loss while others can only stand losing a maximum of $100. Know this helps you define what timeframe and market you feel comfortable trading. 2nd is people can sit and watch their position rise for days on end while others need to cash as soon as they hit a profit (this is trend followers but scalpers or counter-trend traders).

 

The other factors are your lifestyle, if you're a fulltime trader who can sit in front of the market all day or an end-of-day trader while you have other businesses elsewhere.

 

But knowing your "uncle" point is key to find your trading style.