A Rookie
Scientist Trader
(Amirzayyani)
Member Since May 13, 2019
1 posts
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?