
May 16 2019 at 06:31
Hello traders, I want to know how can we develop a strategy for our self? I am interesting in elliott waves, how can I improve my self in this method? I have almost read every source about this topic, yet I cannot do the right trade. Please tell me what should I do😕
have you tried youtube? i dont know much about elliott wave but i find a lot of good videos on there about other stuff, i guess practice is key to getting it right.
right, youtube is the best way to learn, you get visual examples of the strategy and how it works,
DeutschDom
Member Since May 22, 2019
11 posts
May 29 2019 at 05:51
I have watched so many youtube video and read so much over 5 years and still I don't really have a firm strategy that works. I do not know if I every will (or anyone else really has a winning strategy)
DeutschDom posted:
I have watched so many youtube video and read so much over 5 years and still I don't really have a firm strategy that works. I do not know if I every will (or anyone else really has a winning strategy)
before wasting 5 more years, try to get yourself into fundamental analysis, few months and your results will improve a lot
Elliott Waves are an advanced topic and not where a beginner trader should be starting. I advice you do as Gabor says above...
A trader can either follow the footsteps of successful traders who are developing their own trading strategies or he can try to develop some trading approaches for him as per his knowledge and expertise level. Usually if you are a beginner, then pro traders suggest that try something completely new can be risky. Rather it can be better to acquire basic understanding with the adoption of established trading strategy here.
jamesgwyther
Member Since Aug 05, 2017
289 posts
Jul 12 2019 at 14:49
walpants posted:
have you tried youtube? i dont know much about elliott wave but i find a lot of good videos on there about other stuff, i guess practice is key to getting it right.
Ditto Trade is a good youtube channel with videos for learning.
jamesgwyther
Member Since Aug 05, 2017
289 posts
Jul 12 2019 at 14:50
Amirzayyani posted:
Hello traders, I want to know how can we develop a strategy for our self? I am interesting in elliott waves, how can I improve my self in this method? I have almost read every source about this topic, yet I cannot do the right trade. Please tell me what should I do😕
Keep practising and demo trading.
And keep a journal.
What mistakes are you making?
jamesgwyther posted:i also subscribed ditto trade on youtube, very helpful channel, good videos.walpants posted:
have you tried youtube? i dont know much about elliott wave but i find a lot of good videos on there about other stuff, i guess practice is key to getting it right.
Ditto Trade is a good youtube channel with videos for learning.
jamesgwyther
Member Since Aug 05, 2017
289 posts
Jul 15 2019 at 16:26
cliffard posted:jamesgwyther posted:i also subscribed ditto trade on youtube, very helpful channel, good videos.walpants posted:
have you tried youtube? i dont know much about elliott wave but i find a lot of good videos on there about other stuff, i guess practice is key to getting it right.
Ditto Trade is a good youtube channel with videos for learning.
Any other good YouTube channels?
Alexander654
Member Since Jul 16, 2019
10 posts
Jul 16 2019 at 10:37
Most youtube videos are secretly trying to sell you some scam. I wouldn't trust anything that they say. Go find a proper trading course not some joker who claims to know what they are talking about
jamesgwyther
Member Since Aug 05, 2017
289 posts
Jul 16 2019 at 14:27
Alexander654 posted:
Most youtube videos are secretly trying to sell you some scam. I wouldn't trust anything that they say. Go find a proper trading course not some joker who claims to know what they are talking about
Not sure every YouTube channel is the same?
Eduardo Rincon
(Jedimaster1)
Member Since Jul 03, 2015
10 posts
Jul 28 2019 at 22:09
Amirzayyani posted:Hi,
Hello traders, I want to know how can we develop a strategy for our self? I am interesting in elliott waves, how can I improve my self in this method? I have almost read every source about this topic, yet I cannot do the right trade. Please tell me what should I do😕
If you wanna develop a good strategy, begin with knowing which are the best currencies ( Fundamentals ) to trade on any given day or session. The technicals are just for entering and exiting the market. If you know the reason behind the move on any pair, you get the conviction to buy or sell any pair with a high rate of success!
Adribaasmet
Member Since Aug 27, 2017
994 posts
Oct 31 2019 at 15:43
Jedimaster1 posted:Amirzayyani posted:Hi,
Hello traders, I want to know how can we develop a strategy for our self? I am interesting in elliott waves, how can I improve my self in this method? I have almost read every source about this topic, yet I cannot do the right trade. Please tell me what should I do😕
If you wanna develop a good strategy, begin with knowing which are the best currencies ( Fundamentals ) to trade on any given day or session. The technicals are just for entering and exiting the market. If you know the reason behind the move on any pair, you get the conviction to buy or sell any pair with a high rate of success!
It takes such a long time to build a good trading strategy! In my trading, I don’t use any indicator based trading style! I am dealing with Price Action trading.
steveday1976
Member Since Mar 03, 2019
57 posts
Nov 10 2019 at 20:54
There are lots of good articles on youtube. I would also recommend Babypips to new traders. Also make sure that you test new strategies etc on demo.
steveday1976 posted:
There are lots of good articles on youtube. I would also recommend Babypips to new traders. Also make sure that you test new strategies etc on demo.
I wouldn't strongly recommend YouTube videos because they are too biased sometimes and some information just fall flats. But I am sure there are other good one out there.
And yes, babypips School is really a good place to start with.
Also, if it helps, keep a journal with you every time you try to trade, whether it is in a demo or real account.
jamesgwyther
Member Since Aug 05, 2017
289 posts
Nov 13 2019 at 15:10
downtown posted:steveday1976 posted:
There are lots of good articles on youtube. I would also recommend Babypips to new traders. Also make sure that you test new strategies etc on demo.
I wouldn't strongly recommend YouTube videos because they are too biased sometimes and some information just fall flats. But I am sure there are other good one out there.
And yes, babypips School is really a good place to start with.
Also, if it helps, keep a journal with you every time you try to trade, whether it is in a demo or real account.
Forex.Academy is good on YouTube
So is No Nonsense