The less complicated trading system

Nov 23, 2020 at 14:34
1,572 Views
32 Replies
Member Since Jul 19, 2020   751 posts
Nov 23, 2020 at 14:34
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.
Member Since Jul 20, 2020   341 posts
Nov 23, 2020 at 20:10
To make money from this market, you need proper knowledge and skills. Without knowledge, you can not make money from this market.
Member Since Oct 01, 2020   13 posts
Nov 29, 2020 at 14:19
Of course, many people use basic strategies and achieve excellent results. This is a fact. Just choose what you like.
Member Since Oct 03, 2020   7 posts
Nov 29, 2020 at 21:49
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Member Since Jul 19, 2020   788 posts
Nov 29, 2020 at 23:01
Money management and risk management should be maintained to make money in the Forex market. It is never possible to become a profitable trader without acquiring trading knowledge.
Member Since Apr 01, 2020   231 posts
Nov 30, 2020 at 02:17
You can make your own strategy and plan and start making good profit in Forex trading.
Member Since Jul 23, 2020   869 posts
Nov 30, 2020 at 03:30
Shardie posted:
Of course, many people use basic strategies and achieve excellent results. This is a fact. Just choose what you like.
That's absolutely true. Many traders use only price action without any indicator and even achieve excellent results.
Member Since Apr 15, 2020   219 posts
Nov 30, 2020 at 04:24
Shardie posted:
Of course, many people use basic strategies and achieve excellent results. This is a fact. Just choose what you like.
There is no rule like, more complicated the strategy more the profits. Its funny if people think that way. 😀 In fact, using complicated strategies results in a lot of confusion which further leads to losses. Its better to keep a strategy simple and grab in all the meat. 😈
The more your practice, the more you learn.
Member Since Oct 03, 2020   7 posts
Dec 09, 2020 at 07:31
LyudmilLukanov posted:
Shardie posted:
Of course, many people use basic strategies and achieve excellent results. This is a fact. Just choose what you like.
That's absolutely true. Many traders use only price action without any indicator and even achieve excellent results.

Yes you are right. Even during a pandemic. Profitability indicators have increased
Member Since Apr 28, 2020   18 posts
Dec 10, 2020 at 15:30
Even a complex approach can be divided into parts to understand it better.
And of course, practice-practice-practice. It is always useful.
Member Since Jul 19, 2020   788 posts
Dec 11, 2020 at 03:09
It is never possible to make a trading profit without knowledge. A trader can make a lot of profit if he gathers knowledge through proper practice.
Member Since Aug 15, 2020   8 posts
Dec 24, 2020 at 10:06
What difference does it make if you make money. New strategies appear every day and you are free to choose and experiment.
Good luck!
Member Since Sep 15, 2020   20 posts
Jan 05, 2021 at 08:15
As long as if it works for you, then that is the best strategy for you. Don't let other opinions change your view.
Member Since Jul 23, 2020   759 posts
May 25, 2021 at 21:44
Simple is better in every sector. Forex is no different.
Member Since Mar 28, 2021   617 posts
May 30, 2021 at 11:17
Simple trading strategy is good. Newbies should not go for complicated strategy. But it is also true that the best strategy is the strategy that you understand the most.
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Member Since Apr 03, 2021   470 posts
Sep 06, 2021 at 23:56
Forex trading is like as art business, there are so many trading strategies in forex trading, but trader have own selection to choose an appropriate trading strategy, a simple trading strategy is an easy way to make plan trading, complicated trading strategy not guarantee if then will always profitable, but trader need to make trial and error to become profitable trader, they learn detail for every single mistake
Member Since Sep 01, 2021   9 posts
Sep 07, 2021 at 10:36
Simple strategies do NOT work. I know that we all want them to work but if they did then we would all be rich. Just think about that. Only complex strategies work. That may be difficult to hear but it is the truth
Member Since Jun 14, 2021   28 posts
Sep 14, 2021 at 07:53
Gavik posted:
Even a complex approach can be divided into parts to understand it better.
And of course, practice-practice-practice. It is always useful.
I doubt that. Complex strategies cause more confusion. These might be good if you are very well experienced and do manual trading but for beginners who rely partially on trading robots, a simple strategy would be more helpful.
Member Since Sep 14, 2021   10 posts
Sep 14, 2021 at 10:55
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.
Member Since Jul 19, 2020   788 posts
Sep 25, 2021 at 23:57
I also agree with you, the more I complicate my trading style, the harder it will be for me to trade. That's why I have to master a strategy.
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