When trading, there are some who are conservative, who look for the “perfect trade” which almost never comes. And then there are others who look at the tiniest changes in price and think “there we go, that’s my opportunity.”

But which one is it better to be? The low volume, low risk trader or the trader that opens positions with reckless abandon?

In actuality, my opinion is that it is the former who I would most likely place my money on to earn more. In trading, as in other areas of life, “less is more”, as they say.

Although there is potential of even the most meticulously planned trade going the wrong way, careful planning and a strong investment thesis reduce the chance of it happening exponentially.

The same can’t be said for the high volume trader, where even one failed trade will wipe them out.

Be safe, stay safe.