7 Minute Read

Tackle Today: Jack of all trades

June 9, 2023

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«Master of some»

Traders,

Coach Tyler here. Is it better to know a lot about a little or a little about a lot? Said another way, should you focus on expanding your breadth of knowledge or your depth? Here’s what I prescribe.

First, at the beginning of your trading adventure, cast a wide net. Try lots of trading strategies and styles to see what fits your personality and what you find the most success with. You are expanding your breadth of knowledge (learning a little about a lot).

Second, start doing less of what doesn’t work or doesn’t fit your personality.

Third, as your experience and confidence build, and your track record lengthens, begin to specialize. Go deep. Learn a lot about a little. Master the few things you find best fit you.

Start a jack of all trades. End a master of one (or some).


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