There is an unlucky belief among many folks that doing well in the stockmarket ( and other markets, for what it’s worth ) needs a great amount of work and tons of time. This is partially a result of those in the markets needing to make what they do appear complex, and thus exclusive. The unvarnished reality of the circumstances are that you do not have to devote your life to the markets to provide good results.

I’ll use myself as an example. In most years there are important time periods during which my timetable of travel and other commitments inhibits me being very active in the markets. One actual year I added a 6 week trip between the end of May and the early part of July in to the mix as well. In the course of that year I did a total of approximately 12 trades in the exchange. Need to know my return for that year? It was more than 200%.

Now you might be thinking that this is an anomaly. It’s not.

Over about an 18 month period between 2002 and 2003 I was able to double the value of my retirement account trading stocks (I had to double it to make up for the beating the mutual funds I had been in prior to that had taken) necessarily using a much more conservative approach than in the example above. Again, that was done on a relatively small number of trades. Actually, I don’t normally make that many trades in any given year. If I get very far above twenty it’s rather unusual.

Clearly, I’m not a day trader. I do not get in and out of positions rapidly. My strategy is one I have formed over the years which allows me to find stocks with good upside potential that I don’t have to constantly watch. The positions I put on are intended to be held for weeks, if not months. That’s the timeframe when the largest moves happen, so that’s the timeframe I want to trade.

The strategy I use incorporates all three primary forms of market analysis – fundamental, technical, and quantitative. That said, however, I can go through the stock selection process in a couple of hours, at most. If there isn’t anything worth really looking at, the whole thing can be done very quickly.

What’s more, if I have active positions on I will generally not be looking to enter any new ones. In that case, aside from a little bit of checking up to see how the stocks are trading and if there’s any important news, there’s very little to be done. I can literally trade my system in only a couple hours a month.

Now you could be announcing that I have got a great system. Perhaps I do. It definitely works for me given the inhibitions I operate under with my list. I do not consider it any major secret, though. In reality I printed it in detail in my book, The Necessities of Trading, so you are free to take a glance at it for yourself.

The significant point here is that I was ready to develop a trading style and system that will work for me. Anybody can do that. It’s a query of making a truthful self assessment and outlining an approach that fits in the parameters you’ve got for trading or making an investment in the markets. Perhaps you can day trade, or perhaps you are like me with little time to dedicate to finding good stocks to purchase.

Whatever the truth, you’ve got to do what does it for you and realize you can trade effectively with no regard for what kind of time you have got to put in to it.

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