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Customize your strategy
Nov 06, 2020 at 13:08
Vistas 1,234
16 Replies
Nov 06, 2020 at 13:08
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.
Miembro desde Oct 13, 2020
posts 27
Nov 26, 2020 at 07:41
It is important to personalize your trading strategy in accordance with your trading requirements if you really want it to work for you.
Miembro desde Jul 23, 2020
posts 696
Nov 26, 2020 at 17:40
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.
Miembro desde Jul 20, 2020
posts 278
Dec 28, 2020 at 20:19
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.
Miembro desde Jul 23, 2020
posts 816
May 25, 2021 at 21:19
Try to improve your strategy continuously. Don’t think that your strategy will work all the time.
Miembro desde Dec 22, 2020
posts 10
Sep 25, 2021 at 16:07
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.
Oct 12, 2021 at 19:23
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.
Miembro desde Mar 17, 2021
posts 494
Oct 12, 2021 at 20:20
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.
Miembro desde Jul 20, 2020
posts 385
Oct 14, 2021 at 06:59
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
Oct 17, 2021 at 16:13
UweMoench posted:
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.
Took a while but certainly found this to be very true, and was the break through in my trading.
Oct 18, 2021 at 17:19
Surely, every trader should have his own trading strategy basing on his personal qualities and psychological pecularities. In spite of the fact that there are lots of trading strategies described in different forums and on youtube videos, however, such strategies may be inconvenient for you personally and you will have no options but to modify it according to your needs.
Miembro desde Jun 09, 2021
posts 42
Oct 29, 2021 at 06:12
A trader should know when to get out of a trade. A trader should be able to cut their losses quickly, knowing that they’ll also have the ability to bounce back quickly. Always customize your strategy to fit your personal needs.
Miembro desde Mar 16, 2021
posts 447
Oct 30, 2021 at 02:04
Customers need to understand what they want. Customers need to ask what they want. They have to build the platform as per their demand. It should be easy, effortless and efficient for the customer to solve problems. Basically work in customer service.
Miembro desde Apr 09, 2019
posts 516
Dec 17, 2021 at 13:40
This is so on the money and something a lot of new traders don't grasp as they are looking for the shortcuts to able to get into the markets and justr start pulling money out. Truth is there are no shortcuts and the process of creating your own bespoke strategy takes time whether you submit to that or not.
If you can't spot the liquidity then you are the liquidity.
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