How much time do I want to commit? Shorter-term trading - and particularly day trading, when you're in and out of a position within the same day - usually requires you to stay in front of your computer (or at least on your phone) during the trading day so you can make moves all day long. Traders who expect to be in trades for a few weeks don't have to spend as much time tied to their computers. What's my tolerance for risk? Traders who stay in positions for several weeks usually give their positions more room to travel so that they don't get shaken out by market noise. That means they have to be able to tolerate some moves to the downside. Shorter-term traders take smaller losses, but they need to be able to pull the trigger and take them quickly. What strategy makes the most sense for me? Do you like to trade based on earnings reports, volatility, charts, valuation, or Food and Drug Administration approvals? If you're interested in trading based on charts, be sure to not miss my newest three-part training series, How to Trade Like a Champion. In it, I spill the secrets that pro traders and U.S. Investing Champions use to identify stocks that are poised for a big run higher and identify exact price targets for both buying and selling. Click here to access How to Trade Like a Champion - it's completely free! Certain catalysts will lend themselves to shorter- or longer-term trading styles. If you like to trade the markets based on volatility, your trades will likely be short term in nature. If you love trading biotech stocks based on upcoming clinical trial data, your trades will have a longer duration. If you're new to trading, start off by asking yourself which style appeals most to you. If you're an experienced trader and you're not achieving the results you want, these questions may help shed some light on whether you're trading in a way that best suits your personality. Good investing, Marc | 
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