which trading technique should you use...

Just like there are so many mobile phones to choose from, there are numerous trading techniques at your disposal.

Unfortunately, many traders blindly follow all the techniques that come their way or they keep on changing the techniques almost every other day!

Remember, some techniques are tailor-made for you depending upon your psychological and financial realities and others are simply misfit!

Primarily, the trading techniques are of 4 types:-

1) strategy that suits your emotional make-up & makes sense to you

= perfect! practice it, improve it, master it.

Most of all, stick to it, religiously! You are on the way to your dreams.

No harm in keep learning more techniques, but don't change this one so easily!

2) strategy that suits your emotional make-up but the strategy doesn't make sense to you

= learn it. spend some time to understand it till it makes sense to you.
Don't miss the technique.

Finding a trading technique which suits your emotional make-up is rare. Don't miss it just because you don't presently understand it.

3) strategy that doesn't suit your emotional make-up though the strategy makes sense to you

= avoid the strategy, better options will be available which will suit your emotional setup!
You may benefit occasionally or even more frequently, but you will not be comfortable with the strategy.

Your ability to deal with unforeseen situations will be limited.

You will not grow with the technique, the technique will not grow with you.

4) strategy that doesn't suit your emotional make-up & it doesn't make sense to you

= drop it like a hot cake and forget about it. It is likely to be full of land-mines for you.