EbonyJones posted: I think it won't work to use other's strategy on your trading. Because other's strategy may not suit your trading style. So, try to make you r own strategy and make money from this market.
Of course, there is such a possibility, but I can say that you can use the RAMM service for investors from the Amarkets broker. And there are very good developed trading systems on which I make good money.
MRodrigez posted: You can use a existing system or strategy and make it your own but generally speaking, you will not succeed by simple copying somebodies system or signals.
If it would be that easy, there would be a lot of successful traders.
I agree with this.
Also, when someone tries to sell promising trading strategies for money, one should be always cautious. A trader who can make big profits with their trading system will probably not need to rely on selling that system as an income.
I don’t think every trader develops their own strategy. There are some pre-existing strategies that work well if you practice enough like price action, scalping, range trading, etc. These can be profitable too.
Aurisida posted: Nobody forbids using the strategies of those who have already developed them, has a certain result, but first of all, test it on a demo account and adjust it to suit your trading style.
But I think following other's strategies is not a good decision. Every strategy may not suit every trader.
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