Category: Financial
- Published: 28 October 2014
- Written by Editor
By Shonn Campbell of Trading Life:Ownit
Trading System and Trading Strategy: They are the same thing just different words… right?
Not really… I have come to believe through my own experiences that a trader, or a person in general even, is at the greatest risk of peril when they are without a strategy. Even a simple one like get up at 7:30, be to work by 8:30, come home at 5:30, wash rinse repeat. That’s an executable strategy. It will work over time.
In that case, the “system” is the job, any job, but the strategy is how that person goes about performing that system.
