What works?

Nov 22, 2020 at 07:04
2,416 Views
55 Replies
Member Since Jul 19, 2020   751 posts
Nov 22, 2020 at 07:04
I think it is relative that what works and what doesn't. What works for one may not work for others. Every trader is unique in psychologically. That's why all successful traders have their own trading style and strategy. It's the common traders who try to exact copy of others style and strategy.
Member Since Nov 03, 2020   65 posts
Nov 22, 2020 at 07:44
And there is. Everyone should develop their own style. Based on your knowledge, achievements and mistakes
Member Since Jul 23, 2020   869 posts
Nov 22, 2020 at 17:10
That’s true. Every person is different from one and another. So, building own trading strategy is wise choice.
Member Since Jul 19, 2020   788 posts
Nov 23, 2020 at 03:02
Trading requires a lot of practice. It is never possible to make a trading profit without practice. You have to learn to trade and work according to discipline. Must Learn from Mistake. And you have to do regular meditation.
Member Since Jul 20, 2020   298 posts
Nov 23, 2020 at 03:44
I agree with you too, Each person's trading style is different.
Member Since Dec 28, 2019   20 posts
Nov 26, 2020 at 13:20
Well, of course.
Someone uses something dynamic and complex, and someone needs the simplest things to analyze and act right now.
And you don't need to look at others. Choose what you like.
Periwield
Member Since May 04, 2019   26 posts
Dec 05, 2020 at 14:41
Trader psychology is a separate topic that deserves to be studied in detail. And to cope with stress, tension, and bad moods - you can read about it, so that you understand the nature of these conditions and can cope with it under any circumstances.
Member Since Oct 22, 2020   12 posts
Dec 29, 2020 at 12:31
Everything works if you understand how it works and what it shows you. So just a couple of tips:
1. choose
2. test
3. draw conclusions
4. keep working
Member Since Dec 05, 2020   81 posts
Dec 30, 2020 at 06:08
Not all strategies work for everyone. So we have to ourselves figure out what works for us and what doesn't.
Member Since Dec 28, 2020   187 posts
Dec 30, 2020 at 09:37
Every person is different from each other and when it comes about trading same strategy and same trading style is not suitable for everyone. Each person learn from his own experience and has his own trading style and own trading strategy.
Member Since Jul 20, 2020   298 posts
Dec 30, 2020 at 20:22
Every trader should trade by giving up emotions. Success is never achieved through emotional trading.
Member Since Jul 23, 2020   759 posts
May 25, 2021 at 21:50
Find it yourself in the demo account. It is the best and risk-free way.
Member Since Apr 01, 2020   231 posts
May 26, 2021 at 00:13
Do not copy others' trading styles, you must your own style and strategy to be successful in forex trading.
Member Since Mar 28, 2021   617 posts
May 27, 2021 at 11:58
Lot of things work but what works for me, may not work for you. By trail and error, you have to find out what works for you. It takes time and dedication.
Member Since May 27, 2021   57 posts
May 28, 2021 at 09:18
According to me, having sufficient knowledge and continuously following the market are the two common factors everyone should consider for making trading profitable.
Member Since Jul 19, 2020   751 posts
Jun 27, 2021 at 10:24
@CocoChannel Yes you are right. Along with knowledge, we also need the capability to use the knowledge effectively. Knowledge becomes powerful when applied.
Member Since Mar 16, 2021   477 posts
Jun 27, 2021 at 11:16
Every trader has his strategy with which he tries to make a successful trading. We should find such a strategy.
Member Since Mar 28, 2021   617 posts
Jul 05, 2021 at 12:36
Market doesn't follow rules all the time that's the reason a trader should follow rules. He should be disciplined. He should know when to trade and when to sit in the side bench and observe.
Member Since Jul 19, 2020   788 posts
Jul 05, 2021 at 13:44
Patience is a valuable asset in trading. Profit cannot be made if the trader is not patient. So it is necessary to create a trading strategy by controlling the mindset.
Member Since Jun 07, 2021   72 posts
Jul 22, 2021 at 07:13
@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.
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