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The less complicated trading system
Jun 14, 2021 부터 멤버
게시물53
Mar 16, 2021 부터 멤버
게시물477
Oct 04, 2021 at 13:24
Mar 16, 2021 부터 멤버
게시물477
ohmaria posted:Agree with your doctrine. Trading Totally Mindset Game. The more complicated I think trading here, the more difficult it will be. So I have to think and trade in normal.
When you are having a complex strategies, they get very difficult to maintain if you are not experienced, just like the one above said it. Plus, why hassle with everything with just for the sake of strategy? Always keep your strategy brief and offering a good result in your trading.
Jun 19, 2021 부터 멤버
게시물49
Oct 04, 2021 at 20:59
Jun 19, 2021 부터 멤버
게시물49
UweMoench posted:
The less complicated trading system is the best methodology. There are heap of people who like confounded trading system. I think everything depends on individuals. Find what you are good at, use that. No matter whether it is simple or complicated strategy.
I agree with that point. I had to develop my own system. I honestly feel that the worst trader, as I was, can take my strategy and not only win but improve it a little maybe. It already is +90% accurate that is why I have not posted an alert in the group that failed, they all were winners. Trading it is a different thing, I make money on them but not always trading my signals perfectly, well... I really do not have to be perfect but just not losing a lot of money on the trade. Keep losses small is of HUGE importance. Hard to pick tops and bottom. I focus on the 'meat' of the move.
*I kill pips for fun.*
Oct 05, 2021 at 04:56
Jul 19, 2020 부터 멤버
게시물751
@LukeRachel Yes mindset plays a big role on Forex trading. Without having proper mindset, it's not possible to survive in the market. It's all about mind game.
Jul 20, 2020 부터 멤버
게시물399
Oct 05, 2021 at 07:07
Jul 20, 2020 부터 멤버
게시물399
FaintToasted posted:UweMoench posted:
The less complicated trading system is the best methodology. There are heap of people who like confounded trading system. I think everything depends on individuals. Find what you are good at, use that. No matter whether it is simple or complicated strategy.
I agree with that point. I had to develop my own system. I honestly feel that the worst trader, as I was, can take my strategy and not only win but improve it a little maybe. It already is +90% accurate that is why I have not posted an alert in the group that failed, they all were winners. Trading it is a different thing, I make money on them but not always trading my signals perfectly, well... I really do not have to be perfect but just not losing a lot of money on the trade. Keep losses small is of HUGE importance. Hard to pick tops and bottom. I focus on the 'meat' of the move.
Completely agree small losses are so key, i suppose it reverts back to good risk to reward and having the discipline to follow your rules not only for entry but for risk. If we can do that i think profitability is only around the corner
Jun 21, 2021 부터 멤버
게시물33
Oct 05, 2021 at 08:15
(편집됨 Oct 05, 2021 at 08:16)
Jun 21, 2021 부터 멤버
게시물33
UweMoench posted:Agreed!
@LukeRachel Yes mindset plays a big role on Forex trading. Without having proper mindset, it's not possible to survive in the market. It's all about mind game.
Your mindset, or how you approach forex trading, can either make you or break you as a forex trader.
Mar 16, 2021 부터 멤버
게시물477
Oct 05, 2021 at 14:42
Mar 16, 2021 부터 멤버
게시물477
TroyTheTrader posted:Of course, Mindset is a key part of a trader's success.UweMoench posted:Agreed!
@LukeRachel Yes mindset plays a big role on Forex trading. Without having proper mindset, it's not possible to survive in the market. It's all about mind game.
Your mindset, or how you approach forex trading, can either make you or break you as a forex trader.
Oct 07, 2021 at 16:58
Apr 17, 2021 부터 멤버
게시물12
Well, I have dubious attitude to this statement. On the one hand, the more complicated your trading strategy is, the more chances you have to make a mistake and ruin everything. On the other hand, if you trading strategy is too simple, then you'll hardly make any reliable analysis of the market. For example, your trading strategy can be based on one single indicator MACD. This strategy is very simple, but will you have the whole idea of the market if you use only MACD? I doubt that, so that you'll have lots of false signals and lots of losses.
Apr 21, 2021 부터 멤버
게시물12
Nov 10, 2021 at 08:45
Dec 09, 2013 부터 멤버
게시물139
UweMoench posted:You are very right on the note that a trader is to stick with his own strategy that he is comfortable with. I personally like to keep things simple. In the Forex market, simple strategy works better. We just have to find the right strategy that offers better risk-reward with excellent winning rate.
The less complicated trading system is the best methodology. There are heap of people who like confounded trading system. I think everything depends on individuals. Find what you are good at, use that. No matter whether it is simple or complicated strategy.
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