Everyone is unique

Dec 06, 2020 at 13:37
456 Angesehen
7 Replies
Mitglied seit Jul 19, 2020   751 Posts
Dec 06, 2020 at 13:37
Every trader has his own choice and comfort. Some traders use all the time frame to get the market vibes then take entry in a certain time frame like H1 or H4. I personally do not go below D1. I take my entry on D1. You have to find out by yourself which one you understand the most.
Mitglied seit Jul 19, 2020   788 Posts
Dec 06, 2020 at 22:31
There is a matter of mindset in trading. If the mindset can be maintained properly, it is possible to make a lot of profit. Each person's mindset is different. So many traders are trading in different formulas.
Mitglied seit Jul 19, 2020   298 Posts
Dec 07, 2020 at 11:55
Yes it's because everyone thinks differently. What strategy and time frames work for me may not work for others and vice versa. Every trader needs to find his own trading edge to be profitable.
Mitglied seit Dec 05, 2020   81 Posts
Dec 08, 2020 at 07:14
True that. Each individual interprets things and facts in his own ways therefore the strategy he uses, the entry exit points etc all are unique.
Mitglied seit Aug 26, 2020   78 Posts
Dec 08, 2020 at 07:43
If you develop your strategy on your own, it a priori becomes unique, because you would adjust it to fit your framework.
Mitglied seit Nov 19, 2020   104 Posts
Dec 09, 2020 at 07:33
That's correct. Every trader has his own set of goals and plans, according to which he should use his knowledge and set strategies. Never in forex, one should go by what the other people have to say. Taking guidance is okay, but blindly following is a big no.
Mitglied seit Jul 20, 2020   341 Posts
Dec 09, 2020 at 08:01
Every trader has a unique style to make money from the forex market. Those who copy other's strategy most of the time face losses.
Mitglied seit Nov 02, 2020   57 Posts
Dec 15, 2020 at 14:19
Each trader has his own developed strategy is unique, because he makes it for himself and code his own trading format.
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