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What is your trading strategy ?
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Toothed

Member Since Dec 13, 2017  10 posts Toothed Dec 14 2017 at 08:11
That isn't really a trading strategy. That is a risk strategy.

UsdCadBoss

Member Since Dec 17, 2017  6 posts Russ (UsdCadBoss) Dec 18 2017 at 07:27
Cycle analysis. Trading only usdcad.

togr

Member Since Feb 22, 2011  3820 posts vontogr (togr) Dec 18 2017 at 09:51
You need to have defined trading plan before trading
Trading plan should at least cover
- rules for opening positions
- rules for exiting positions
- money management

It does not really depend what indicators or kind of entry you use but it has to work for you.

I like what I trade, I trade what I like
Hildur

Member Since Dec 19, 2017  9 posts Hildur Dec 19 2017 at 13:09
If your rules are really that strict then you could develop a robot to do it for you

togr

Member Since Feb 22, 2011  3820 posts vontogr (togr) Dec 19 2017 at 15:48
Hildur posted:
If your rules are really that strict then you could develop a robot to do it for you


I have developed such robots of course

I like what I trade, I trade what I like
Mohammadi

Member Since Aug 11, 2017  279 posts Mohammadi Feb 22 at 11:13
For making profit with consistency we the traders have to depend on our trading strategies that we select according to our trading experience, for creating a successful trading strategy we have to make first of all the proper money management policy , otherwise that’s not possible at all to make profit despite of good trading approach .

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