Complicated strategy is not good

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.

somewhere true

Every trader should build their own trading strategy. Other's strategy may not work for them because every person is different.

How. can a strategy be not complicated and make money?
Are you kidding me.

What is the point of complicating the strategy when you can follow and keep the simple one?

keep it simple. buy low sell high.
>_<

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.

Trading strategies are as good for investment as you can make them simple.

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.

Keeping a simple strategy and sticking to it is always the best option. Complicated strategy will complicate the trades too.

Of course, the best option would be to find a middle ground for trading, but in any case, always build on your capabilities and do not complicate where you are still poorly guided.

Haha, I agree with you. The ones that do work are sometimes complex to understand and work with, especially for newbies like us.

If simple strategies made money then we would all be rich. Only the complex strategies work. There is no shortcut to sucess

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

you are competing with companies that makes billions...keep your strategy simple and you will sure make money...hahahahah

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?

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.

Strategy is totally up to you. You can make it simple or complicated what fits to your goal and risk. I think sticking to that plan or strategy is more important.

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.