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Complicated strategy is not good
Jan 10, 2021 at 16:50
It is true that we should not use complicated trading strategy. The more complicated your strategy is the more loss you will incur in trading. Try to keep it simple. Simple is awesome. Simple strategy will help to to find more good entry opportunity.
Mitglied seit Jul 23, 2020
696 Posts
Jan 18, 2021 at 17:53
Every trader should build their own trading strategy. Other's strategy may not work for them because every person is different.
Mitglied seit Jan 17, 2021
29 Posts
Jan 18, 2021 at 21:24
How. can a strategy be not complicated and make money?
Are you kidding me.
Are you kidding me.
Mitglied seit Jul 20, 2020
385 Posts
Feb 04, 2021 at 16:16
UweMoench posted:
It is true that we should not use complicated trading strategy. The more complicated your strategy is the more loss you will incur in trading. Try to keep it simple. Simple is awesome. Simple strategy will help to to find more good entry opportunity.
Yes this is true. You need simple rules that are objective. That once you see you enter. Then you let the law of large numbers take over and the probabilities work in your favour.
Mitglied seit Jul 20, 2020
286 Posts
Feb 05, 2021 at 00:08
Trading strategies are as good for investment as you can make them simple.
Mitglied seit Jan 22, 2021
126 Posts
Feb 09, 2021 at 11:52
I don't think so, if you have fair knowledge of how to make use of the indicators and tools, you can make the complex strategies simple. In strategy you must know where the entry point and exit point for your trade keeping in mind the position size you hold.
Mitglied seit Feb 04, 2021
32 Posts
Feb 09, 2021 at 11:57
Keeping a simple strategy and sticking to it is always the best option. Complicated strategy will complicate the trades too.
Mitglied seit Oct 05, 2020
18 Posts
Feb 11, 2021 at 13:26
Haha, I agree with you. The ones that do work are sometimes complex to understand and work with, especially for newbies like us.
Mitglied seit Jan 11, 2019
140 Posts
Feb 11, 2021 at 17:06
UweMoench posted:
It is true that we should not use complicated trading strategy. The more complicated your strategy is the more loss you will incur in trading. Try to keep it simple. Simple is awesome. Simple strategy will help to to find more good entry opportunity.
completely agree to this. Trading should be simple
Mitglied seit Jan 17, 2021
29 Posts
Feb 11, 2021 at 21:04
you are competing with companies that makes billions...keep your strategy simple and you will sure make money...hahahahah
Mitglied seit Oct 07, 2020
24 Posts
Feb 12, 2021 at 05:45
Josuvaphilip posted:vanzadorbey posted:
How. can a strategy be not complicated and make money?
Are you kidding me.
Well, there are some simple strategies to make money too. You will just have to get used to them and practice.
That’s right. What strategies do you find best, mate?
Feb 12, 2021 at 11:28
You have to develop a trading system. The system includes everything. Now you may ask how to develop a system? That's the most difficult task in forex trading. It is also the reason most people fail in trading. That's why you need to study and experiment a lot. It will take time. But there is no other ways.
Apr 01, 2021 at 15:03
baytonhinity posted:
It all depends on the trader and how they decide to go about their strategy. If they understand it properly even if it is a bit complex, it is completely okay.
Yes you are absolutely right. I was talking newbie. Sometimes they get fascinated by seeing complex charts and make mistakes to try that.
