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Customize your strategy

UweMoench
Nov 06 2020 at 13:08
739 příspěvků
We need to customize or personalize our strategy. Every person needs his own understanding of the market and price. That's why we don't get success by following other's strategy. Without customized strategy, long term success in trading is not possible.

Mitchelsantner
Nov 26 2020 at 07:41
34 příspěvků
It is important to personalize your trading strategy in accordance with your trading requirements if you really want it to work for you.

SofieAndreasen
Nov 26 2020 at 17:40
736 příspěvků
I also prefer to build and use my own trading strategy. Every person has his/her own agenda. So, customize your strategy in your own way of trading.

Fabiandelph842
Dec 09 2020 at 10:39
24 příspěvků
Customising your strategy works for some trades. For others, it is okay to make use of an existing one.

Johnathankim
Dec 28 2020 at 10:29
29 příspěvků
That is a viable option. Some traders do that to get a better approach while some tend to use the pre existing ones.

ElliotCooke
Dec 28 2020 at 20:19
341 příspěvků
If you want to become a good and professional trader you need to have a plan to deal with the losses. If you can deal with the losses it is possible to overcome the loss and make a profit from this market.

LyudmilLukanov
May 25 2021 at 21:19
735 příspěvků
Try to improve your strategy continuously. Don’t think that your strategy will work all the time.

RobertFerrari
Sep 14 2021 at 18:28
326 příspěvků
Mitchelsantner posted:
It is important to personalize your trading strategy in accordance with your trading requirements if you really want it to work for you.

Copy-trading can be dangerous for new traders.

Pietro_Seitz
Sep 25 2021 at 16:07
7 příspěvků
Absolutely agree with this statement.Trading strategy is like a rifle: yu've got to know it perfectly well in order to use it in the most efficient way. Trading strategy shouldn't contradict your personal vision of the market. Like there are many traders that I know who don't understand how some of the trading strategies work, but they implement them and manage to earn some money. However, I feel that it cannot last long because one day they will face with the situation which they won't be prepared for. More than that, every trading strategy should be improved regularly because the markets are changing all the time, so, if you want your strategy be efficient in earning the money, you have to do some alterations in it all the time. Surely, it is impossible to do if you don't know how your strategy works.

skihav
Sep 25 2021 at 17:23
538 příspěvků
I am a supporter of the idea that if the strategy works, you shouldn't change it. So, sometimes it's really better not to spoil what works.

AliaDare
Sep 26 2021 at 00:02
776 příspěvků
If I want to be successful in the long run, I have to make it worth it. I have to develop a strategy and move forward in trading without getting help from others.

croisssan
Sep 26 2021 at 16:01
676 příspěvků
I have only one question - is it worth doing this if everything works anyway? :)

Bobolyis
Oct 12 2021 at 19:21
6 příspěvků
Strategy should always be modified according to the alterations of the market. There are no ideas which work all the time on the market, tendencies are changing all the time.

Naen
Oct 12 2021 at 19:23
5 příspěvků
Everybody should modify every trading strategy according to their needs and personalities. The same trading strategy can work differently for different people and in different market situations. That is why a trader should create his own trading strategy in order to know its strong and weak points perfectly well and how the strategy cooperates with his psychology.

SteveHanks
Oct 12 2021 at 20:20
530 příspěvků
Naen posted:
Everybody should modify every trading strategy according to their needs and personalities. The same trading strategy can work differently for different people and in different market situations. That is why a trader should create his own trading strategy in order to know its strong and weak points perfectly well and how the strategy cooperates with his psychology.

Yes. You are right.

skihav
Oct 13 2021 at 12:51
538 příspěvků
I believe that if something works well, then it should not be changed.

CraigMcG2020
Oct 14 2021 at 06:59
200 příspěvků
skihav posted:
I believe that if something works well, then it should not be changed.


This is so true. Like ive known so many that had profitable strategies and then for some reason add an extra indicator or they decide to go to another timeframe. It baffles me. If you have something that works stick with it. Otherwise why would you want to change

no_frame
Oct 14 2021 at 11:29
35 příspěvků
I believe that a trader should be ready for the next market move since the market is unpredictable and should customize the strategy and trading plans according to the ongoing market conditions.

skihav
Oct 14 2021 at 18:18
538 příspěvků
I think that sometimes it is better not to go into a working strategy, so as not to spoil what is already working

croisssan
Oct 15 2021 at 09:53
676 příspěvků
The strategy plays one of the key roles for the trader. As for me, it is important to pay a lot of attention to this.

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