Edit Your Comment
Complicated strategy is not good
Jan 10, 2021 at 16:50
Member Since Jul 19, 2020
749 posts
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.
Member Since Jul 23, 2020
696 posts
Member Since Jan 17, 2021
29 posts
Member Since Jul 20, 2020
385 posts
Feb 04, 2021 at 16:16
Member Since Jul 20, 2020
385 posts
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.
Member Since Jul 20, 2020
286 posts
Member Since Jan 22, 2021
126 posts
Feb 09, 2021 at 11:52
Member Since Jan 22, 2021
126 posts
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.
Member Since Feb 04, 2021
32 posts
Member Since Oct 05, 2020
18 posts
Member Since Jan 11, 2019
140 posts
Feb 11, 2021 at 17:06
Member Since Jan 11, 2019
140 posts
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
Member Since Jan 17, 2021
29 posts
Member Since Oct 07, 2020
24 posts
Feb 12, 2021 at 05:45
Member Since Oct 07, 2020
24 posts
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
Member Since Jul 19, 2020
310 posts
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
Member Since Jul 19, 2020
749 posts
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.

*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.