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What works?

UweMoench
Nov 22 2020 at 07:04
751 Posts
I think it is relative that what works and what doesn't. What works for one may not work for others. Every trader is unique in psychologically. That's why all successful traders have their own trading style and strategy. It's the common traders who try to exact copy of others style and strategy.
Cordawield
Nov 22 2020 at 07:44
65 Posts
And there is. Everyone should develop their own style. Based on your knowledge, achievements and mistakes
LyudmilLukanov
Nov 22 2020 at 17:10
869 Posts
That’s true. Every person is different from one and another. So, building own trading strategy is wise choice.
AliaDare
Nov 23 2020 at 03:02
788 Posts
Trading requires a lot of practice. It is never possible to make a trading profit without practice. You have to learn to trade and work according to discipline. Must Learn from Mistake. And you have to do regular meditation.
LeviSievwright5
Nov 23 2020 at 03:44
298 Posts
I agree with you too, Each person's trading style is different.
Periwield
Nov 26 2020 at 13:20
20 Posts
Well, of course.
Someone uses something dynamic and complex, and someone needs the simplest things to analyze and act right now.
And you don't need to look at others. Choose what you like.
Vozil559
Dec 05 2020 at 14:41
26 Posts
Trader psychology is a separate topic that deserves to be studied in detail. And to cope with stress, tension, and bad moods - you can read about it, so that you understand the nature of these conditions and can cope with it under any circumstances.
Atorgeru
Dec 29 2020 at 12:31
12 Posts
Everything works if you understand how it works and what it shows you. So just a couple of tips:
1. choose
2. test
3. draw conclusions
4. keep working
Richarlison872
Dec 30 2020 at 04:10
26 Posts
Yes, every trader has a different approach and trading style along with the right trading mindset. You are right that one strategy might work for some and might not work for others. It is all about trading psychology.
Jude_craig
Dec 30 2020 at 06:08
81 Posts
Not all strategies work for everyone. So we have to ourselves figure out what works for us and what doesn't.
Balint (Balint564r65)
Dec 30 2020 at 09:21
8 Posts
There are many options for approaching trading. Someone trades on long positions, someone is engaged in scalping, someone combines several trading options. It's important to find yourself on this list. decide on a trading instrument. And practice. Very important too.
Sar John (Sarjohn)
Dec 30 2020 at 09:37
187 Posts
Every person is different from each other and when it comes about trading same strategy and same trading style is not suitable for everyone. Each person learn from his own experience and has his own trading style and own trading strategy.
LeviSievwright5
Dec 30 2020 at 20:22
298 Posts
Every trader should trade by giving up emotions. Success is never achieved through emotional trading.
SofieAndreasen
May 25 2021 at 21:50
759 Posts
Find it yourself in the demo account. It is the best and risk-free way.
Dictiony
May 26 2021 at 00:13
231 Posts
Do not copy others' trading styles, you must your own style and strategy to be successful in forex trading.
Akasuki
May 27 2021 at 11:58
617 Posts
Lot of things work but what works for me, may not work for you. By trail and error, you have to find out what works for you. It takes time and dedication.
CocoChannel
May 28 2021 at 09:18
57 Posts
According to me, having sufficient knowledge and continuously following the market are the two common factors everyone should consider for making trading profitable.
UweMoench
Jun 27 2021 at 10:24
751 Posts
@CocoChannel Yes you are right. Along with knowledge, we also need the capability to use the knowledge effectively. Knowledge becomes powerful when applied.
LukeRachel
Jun 27 2021 at 11:16
477 Posts
Every trader has his strategy with which he tries to make a successful trading. We should find such a strategy.
Akasuki
Jul 05 2021 at 12:36
617 Posts
Market doesn't follow rules all the time that's the reason a trader should follow rules. He should be disciplined. He should know when to trade and when to sit in the side bench and observe.
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