What is the Biggest Trade-off in Trading?

In trading (as well as in life), we cannot always have the best of both worlds.

Quite often, we need to prioritize one thing over another, and this leads to a trade-off.

It is important for traders to realise this trade-off, because many traders try in vain to optimize their trading strategy to get “perfect scores” on both these things, without realising that chasing either comes at the expense of the other.

Enjoy the video! 😀

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About the author

Spencer is an avid globetrotter who made his first million at 28, spending just 15 minutes a day trading while travelling across 50+ countries. From there, he started building a diversified portfolio of stocks, REITs, ETFs, properties, and businesses.

 

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