What works?
Membro Desde May 19, 2020
438 posts
Jul 22, 2021 at 12:31
Most of the time that I trade, I strive to improve my own trading systems and I even had to change my trading style from fundamental long-term to medium-term trading. And now my system is working successfully and collecting investments.
It is important to understand the basic aspects and principle of the financial markets, and then with the professional approach, any system, if used correctly will work.
It is important to understand the basic aspects and principle of the financial markets, and then with the professional approach, any system, if used correctly will work.
@Marcellus8610
Jul 22, 2021 at 12:36
MarcellusLux posted:
Most of the time that I trade, I strive to improve my own trading systems and I even had to change my trading style from fundamental long-term to medium-term trading. And now my system is working successfully and collecting investments.
It is important to understand the basic aspects and principle of the financial markets, and then with the professional approach, any system, if used correctly will work.
So are all your trades based solely on fundamental analysis? I find it difficult to actually trade based on that alone
Jul 22, 2021 at 12:38
whitneytyler posted:Very true! Discipline is very important aspect when it comes to making a successful trading
@AliaDare I would like to add discipline to patience. I would rather say patience and discipline are two of the most valuable assets in successful trading.
Jul 23, 2021 at 12:10
whitneytyler posted:Exactly, any strategy can be used in trading, but these important issues need to be maintained.
@AliaDare I would like to add discipline to patience. I would rather say patience and discipline are two of the most valuable assets in successful trading.
Membro Desde May 19, 2020
438 posts
Jul 23, 2021 at 12:18
(editado Jul 23, 2021 at 12:40)
CatWalker posted:No, but it was the basis. I changed from fundamental basis to technical and also duration has been changed.MarcellusLux posted:
Most of the time that I trade, I strive to improve my own trading systems and I even had to change my trading style from fundamental long-term to medium-term trading. And now my system is working successfully and collecting investments.
It is important to understand the basic aspects and principle of the financial markets, and then with the professional approach, any system, if used correctly will work.
So are all your trades based solely on fundamental analysis? I find it difficult to actually trade based on that alone
@Marcellus8610
Membro Desde Mar 17, 2021
536 posts
Jul 23, 2021 at 12:28
AliaDare posted:Yes. You are absolutely right.whitneytyler posted:Exactly, any strategy can be used in trading, but these important issues need to be maintained.
@AliaDare I would like to add discipline to patience. I would rather say patience and discipline are two of the most valuable assets in successful trading.
Membro Desde Mar 23, 2020
21 posts
Jul 23, 2021 at 13:31
-Tested Strategy
-Mindset
-Right psychology
-Money Management
-Patience
-Mindset
-Right psychology
-Money Management
-Patience
Experience is the hardest teacher because she gives the test first, the lesson afterward.
Jul 24, 2021 at 10:19
@FedericoLin Yes you are absolutely right. Along with those quality one needs to know when to trade and when to sit out and observe the market.
Membro Desde Mar 16, 2021
477 posts
Jul 24, 2021 at 12:04
Bela_fx posted:If I trade without managing discipline, it is not possible for me to trade by maintaining success.whitneytyler posted:Very true! Discipline is very important aspect when it comes to making a successful trading
@AliaDare I would like to add discipline to patience. I would rather say patience and discipline are two of the most valuable assets in successful trading.
Membro Desde Jul 20, 2020
399 posts
Jul 25, 2021 at 15:32
LukeRachel posted:Bela_fx posted:If I trade without managing discipline, it is not possible for me to trade by maintaining success.whitneytyler posted:Very true! Discipline is very important aspect when it comes to making a successful trading
@AliaDare I would like to add discipline to patience. I would rather say patience and discipline are two of the most valuable assets in successful trading.
Completely agree with this. It is key to have discipline and also a plan for every aspect of your trading
Jul 26, 2021 at 11:44
CraigMcG2020 posted:Thanks, everyone. Trading without a plan is complicated.LukeRachel posted:Bela_fx posted:If I trade without managing discipline, it is not possible for me to trade by maintaining success.whitneytyler posted:Very true! Discipline is very important aspect when it comes to making a successful trading
@AliaDare I would like to add discipline to patience. I would rather say patience and discipline are two of the most valuable assets in successful trading.
Completely agree with this. It is key to have discipline and also a plan for every aspect of your trading
Membro Desde Jul 26, 2021
26 posts
Jul 26, 2021 at 12:25
FedericoLin posted:Nice list and I would like to add some little point, if you wish to get your strategy well used constantly, you should change it when the market changes or use an additional strategy, system and plan.
-Tested Strategy
-Mindset
-Right psychology
-Money Management
-Patience
Membro Desde Jul 26, 2021
26 posts
Jul 27, 2021 at 12:53
CatWalker posted:In order for the trading system to work in different conditions, it is necessary to create a certain set of algorithms. It is a complex process that requires a local approach and I have seen few traders who are able to tune the system so well. For example, with high volatility and directional movement, you can use levels theory, oscillators, trend indicators, but with horizontal movement, patterns and breakout rules. In addition, risk management will be different.
I think that the best strategies will work in all markets. The strategy should automatically be able to adapt for different markets conditions
Membro Desde Jun 17, 2021
11 posts
Jul 29, 2021 at 10:38
@LukeRachel I completely agree with you that discipline is one of the most vital aspects of trading. Undisciplined trading would make it very difficult to manage risk and result in a loss most of the time. Also to keep in mind that disciplined trading would always result in a profit but it reduces the chances of loss.
Membro Desde Mar 16, 2021
477 posts
Jul 30, 2021 at 16:38
gwendolyncole posted:To understand the market conditions, traders need to understand the sentiments and discipline that should be managed to make a profit properly.
@LukeRachel I completely agree with you that discipline is one of the most vital aspects of trading. Undisciplined trading would make it very difficult to manage risk and result in a loss most of the time. Also to keep in mind that disciplined trading would always result in a profit but it reduces the chances of loss.
Jul 30, 2021 at 18:54
Lionkingdom posted:
Sometimes candlestick analysis works, sometimes the Bollinger indicator, and trend trading, and sometimes it is better to trade against the trend. The trader himself chooses which signals to ignore and which to use.
Fluctuations. Therefore sometimes signals 'works' and sometimes 'not working'.
Membro Desde Mar 16, 2021
477 posts
Jul 31, 2021 at 00:02
gepards posted:Yes, of course, every trader must have the ability to predict market sentiment.Lionkingdom posted:
Sometimes candlestick analysis works, sometimes the Bollinger indicator, and trend trading, and sometimes it is better to trade against the trend. The trader himself chooses which signals to ignore and which to use.
Fluctuations. Therefore sometimes signals 'works' and sometimes 'not working'.
