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Complicated strategy is not good

Michihito
Feb 12 at 11:28
298 posts
You have to develop a trading system. The system includes everything. Now you may ask how to develop a system? That's the most difficult task in forex trading. It is also the reason most people fail in trading. That's why you need to study and experiment a lot. It will take time. But there is no other ways.

MichaelEX
Feb 17 at 11:29
48 posts

Strategy is totally up to you. You can make it simple or complicated what fits to your goal and risk. I think sticking to that plan or strategy is more important.

baytonhinity
Mar 05 at 11:52
20 posts
It all depends on the trader and how they decide to go about their strategy. If they understand it properly even if it is a bit complex, it is completely okay.

Tremblay
Mar 06 at 09:54
330 posts
Money management needs to be properly maintained to reject losses. And money management is needed to control the risk.

DanielGlaus
Mar 06 at 10:35
26 posts
If you want to trade professionally, you have to control your emotions. And you have to learn from trading mistakes. Regular meditation should be done to remove the negative mindset.

kajusmcdowell
Mar 30 at 04:54
11 posts
Keeping it simple is a smart way to go about your strategy. And the simpler it is, the better it gets.

UweMoench
Apr 01 at 15:03
464 posts
baytonhinity posted:
It all depends on the trader and how they decide to go about their strategy. If they understand it properly even if it is a bit complex, it is completely okay.

Yes you are absolutely right. I was talking newbie. Sometimes they get fascinated by seeing complex charts and make mistakes to try that.

AliaDare
Apr 01 at 17:04
521 posts
Yes, that's right. The more strategies I learn or apply to the market, the more complicated trading will become. So I need to make the trading process easier.

LyudmilLukanov
Apr 01 at 17:59
461 posts
AliaDare posted:
Yes, that's right. The more strategies I learn or apply to the market, the more complicated trading will become. So I need to make the trading process easier.

Only one strategy is enough to make profit. Don’t change strategy due to failure. Try to improve it.

Akasuki
Apr 04 at 11:09
166 posts
Most traders think that trading is all about strategy. They look for it everywhere. They think there is one strategy that will make them rich. They never try to understand that the success of a strategy mostly depends on the individual it's using. Strategy is just a single component of successful trading.

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