Stock Picking – You Too Can Have A System

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I have spent a lot of time over the years investigating what makes certain traders and investors more successful than others. The only thing that they tend to have in common is that they have excellent stock picking abilities.

It does seem that it is only their stock picking greatness that they have in common. Each individual is very different. They come from different backgrounds, some poor, some well off. Some were academic and others weren’t. They even have a completely different style of trading to each other.

As someone who was reading these books to improve my own stock picking, I was actually quite disappointed. I was disappointed because I wasn’t able to find a pattern with these traders and then implement it myself. If they are all different then how can I do that? Was there anything I could learn from the books other than having a good read?

I then had a burst of inspiration. If each of these traders are using their own system to be successful then may be I could too. In fact if more than one system could be successful then perhaps I have a better chance at being successful. So I didn’t waste my time with these books in the end.

After that realisation I began to re-read the books. I thought to myself that now I understand that then perhaps I will be able to learn more. I think that I did. I learnt that each of the traders was using a stock picking system that fitted their personality. The more laid back trader used a calmer approach than the mad one in the trading pits.

Now if you thought that you didn’t have the ability to create a successful stock picking system then I would urge you to think again. Why shouldn’t you? Just think about a style that suits you as a person.

Are you keen on improving your stock picking skills? If you are then go to Tom’s Blog where he has lots more information to help you. Feel free to ask him any questions that you might have about stock picking.

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