Women+Shopping+Shoes = Natural Traders
In every Trading workshop I go to, I would count how many women are in the class and we would usually make up 10%. I wondered why – kind it’s hard?! On the former hand, in my playgroup, and favourite coffeehouse when they seat me checking stock cite on my telephone, many get interested beholding how it tin permitted me earn an income while doing what moms do (bring kids to school, drama at the parkland) and deprivation to learn about Trading. And why not, Trading is simply Buying and Selling. And my conviction is that women do this a lot. In our world, this is called Shopping. I admit the briny variance is the BUYING, intended for held – but we do Sell or otherwise get rid of something that has less or no more eigenvalue. Anyway, considering women shop a lot, I thought we would be natural bargainer! We just don’t realize it.
In fact, this could be you:
1. You search high and low-toned, visit several shops, or marketing centres flush – looking for an item selling below value for some ground. Anyway, considering the unit scheme of things, you want the item and is selling at a bargain. You’re a Bargain Hunter. In Trading, this is called Value Trading.
2. You similar to buy what is in fashion. Buying Blue? That is soooo last year! You would only go for what is in the new style. You’re in with the Trend. In Trading, this is called Trend Following or one who follows Seasonal construct in which weather shape (a prevailing tendency) dictate what would have a luxuriously want with prices sure to move up (or plumage).
3. You buy what is not in flavouring because you know it would be back –In Trading this is called Contrarian or to a certain extent Band Trading (kind rubberband – stretch and go back)
4. You steal when you glimpse a “window of chance” or ambiguity, or in marketing term these opportunities are called “Sales”– in Trading this is call Arbitrage.
So you seat, there are many concepts that washing in Trading or Shopping that woman do and do excavation. In Trading, there is money for everyone.
The other situation that should aid understand this whole Trading workout is that, it is like shopping for Shoes. Yes, Shoes!
1. We should know what we are after . “Oh I really involve strappy sandals for a wedding”.
Same as in Trading, start by having an Objective. Say you want to “consistently attaining 3% of stock per month (aggregate of 36% per year!) . If you don’t know what you want, where you want to go, YOU CAN’T GET IT RIGHT!
2. We bargain what is a good fit. Usually, you wouldn’t buy a shoe of a smaller perimeter. Like so in Trading, if a trade does not awareness right for you but you went ahead being influence by someone else, this tends to be a loser. So Trade only what tantrum you, your timeframe, trade only the carry/industry you knowing.
3. We bargain a mass! Formal shoe, run shoe, many style of sandals, boots, according to colour, material etc. You have to have an ambit of anklet options. Point is you have got to budget for all this sort of “anklet situations”. You shouldn’t spend too much on one shoe. So this important lesson in Trading is that you have to living how much you risk at an amount that does not blow putout your budget and be able to money next opportunity.
4. We buy and impairment shoe according to the conditions. In winter we would usually wear closed shoe so we gentleman’t return frigidity, in the summer, sandals are popular, to sustenance cold. So in Trading, you have to have an idea of what the market is doing. Are peoples optimistic and purchasing thing in the hope of rising prices (Bull Market), or are people scared and dumping their assets before the prices go pop more (Bear Market)? Or are people not sure where thing are leaving and there is a tug of war between the peoples WHO are optimistic against those WHO are not (Sideways market). You demand to determine Market status before refereeing on thing or strategy, or select not to trade when marketplace is too jerky.
5. We steal it when we look and feel commonweal. Easy when determining for shoes but was an astonishment for me it also applies to Trading. No substance how much the mercantilism looks positive from your analysis, but when you don’t cognizance commonweal about it (or afraid) that it won’t twist putout access, badgering could brand you diminution tract a profitable tally, this is the result you tin do in profits-pickings! So before gap a commerce, you demand to awareness commonweal about it. If not, gentleman’t commerce it.
I tin probably go on and on and on, but the other important situation is, as there is always another shoe…. as in trading, there is always another chance. Be patient and you will find.
Related articling at www.highheeledtraders.com







