Complicated strategy is not good

Jan 10, 2021 at 16:50
Przeglądane 1,509
28 Replies
Uczestnik z Jul 19, 2020   751 postów
Jan 10, 2021 at 16:50
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.
Uczestnik z Jan 10, 2021   4 postów
Jan 11, 2021 at 01:04
somewhere true
Uczestnik z Jul 23, 2020   759 postów
Jan 18, 2021 at 17:53
Every trader should build their own trading strategy. Other's strategy may not work for them because every person is different.
Uczestnik z Jan 17, 2021   31 postów
Jan 18, 2021 at 21:24
How. can a strategy be not complicated and make money?
Are you kidding me.
Uczestnik z Jul 27, 2020   102 postów
Feb 03, 2021 at 08:10
What is the point of complicating the strategy when you can follow and keep the simple one?
Uczestnik z Apr 03, 2019   3 postów
Feb 03, 2021 at 08:41
keep it simple. buy low sell high.
>_<
Uczestnik z Jul 20, 2020   399 postów
Feb 04, 2021 at 16:16
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.
Uczestnik z Jul 20, 2020   298 postów
Feb 05, 2021 at 00:08
Trading strategies are as good for investment as you can make them simple.
Uczestnik z Jan 22, 2021   125 postów
Feb 09, 2021 at 11:52
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.
Uczestnik z Feb 04, 2021   35 postów
Feb 09, 2021 at 11:57
Keeping a simple strategy and sticking to it is always the best option. Complicated strategy will complicate the trades too.

Uczestnik z Aug 26, 2020   78 postów
Feb 09, 2021 at 14:35
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.
Uczestnik z Oct 05, 2020   40 postów
Feb 11, 2021 at 13:26
Haha, I agree with you. The ones that do work are sometimes complex to understand and work with, especially for newbies like us.
Uczestnik z Feb 14, 2019   11 postów
Feb 11, 2021 at 16:18
If simple strategies made money then we would all be rich. Only the complex strategies work. There is no shortcut to sucess
Uczestnik z Jan 11, 2019   147 postów
Feb 11, 2021 at 17:06
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
Uczestnik z Jan 17, 2021   31 postów
Feb 11, 2021 at 21:04
you are competing with companies that makes billions...keep your strategy simple and you will sure make money...hahahahah
Uczestnik z Oct 07, 2020   29 postów
Feb 12, 2021 at 05:45
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?
Uczestnik z Jul 19, 2020   298 postów
Feb 12, 2021 at 11:28
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.
Uczestnik z Jan 21, 2021   48 postów
Feb 17, 2021 at 11:29

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.
Uczestnik z Jul 19, 2020   751 postów
Apr 01, 2021 at 15:03
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.
Uczestnik z Jul 19, 2020   788 postów
Apr 01, 2021 at 17:04
Yes, that's right. The more strategies I learn or apply to the market, the more complicated trading will become. So I need to make the trading process easier.
You must be connected to Myfxbook in order to leave a comment
*Komercyjne wykorzystanie i spam są nieprawidłowe i mogą spowodować zamknięcie konta.
Wskazówka: opublikowanie adresu URL obrazu / YouTube automatycznie wstawi go do twojego postu!
Wskazówka: wpisz znak@, aby automatycznie wypełnić nazwę użytkownika uczestniczącego w tej dyskusji.