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What works?
Členom od May 19, 2020
321 príspevkov
Jul 22, 2021 at 12:31
Most of the time that I trade, I strive to improve my own trading systems and I even had to change my trading style from fundamental long-term to medium-term trading. And now my system is working successfully and collecting investments.
It is important to understand the basic aspects and principle of the financial markets, and then with the professional approach, any system, if used correctly will work.
It is important to understand the basic aspects and principle of the financial markets, and then with the professional approach, any system, if used correctly will work.
@Marcellus8610
Členom od Jul 22, 2021
8 príspevkov
Jul 22, 2021 at 12:36
MarcellusLux posted:
Most of the time that I trade, I strive to improve my own trading systems and I even had to change my trading style from fundamental long-term to medium-term trading. And now my system is working successfully and collecting investments.
It is important to understand the basic aspects and principle of the financial markets, and then with the professional approach, any system, if used correctly will work.
So are all your trades based solely on fundamental analysis? I find it difficult to actually trade based on that alone
Členom od Nov 02, 2020
32 príspevkov
Jul 22, 2021 at 12:38
whitneytyler posted:
@AliaDare I would like to add discipline to patience. I would rather say patience and discipline are two of the most valuable assets in successful trading.
Very true! Discipline is very important aspect when it comes to making a successful trading
Členom od Jul 19, 2020
742 príspevkov
Jul 23, 2021 at 12:10
whitneytyler posted:
@AliaDare I would like to add discipline to patience. I would rather say patience and discipline are two of the most valuable assets in successful trading.
Exactly, any strategy can be used in trading, but these important issues need to be maintained.
Členom od May 19, 2020
321 príspevkov
Jul 23, 2021 at 12:18
(upravené Jul 23, 2021 at 12:40)
CatWalker posted:MarcellusLux posted:
Most of the time that I trade, I strive to improve my own trading systems and I even had to change my trading style from fundamental long-term to medium-term trading. And now my system is working successfully and collecting investments.
It is important to understand the basic aspects and principle of the financial markets, and then with the professional approach, any system, if used correctly will work.
So are all your trades based solely on fundamental analysis? I find it difficult to actually trade based on that alone
No, but it was the basis. I changed from fundamental basis to technical and also duration has been changed.
@Marcellus8610
Členom od Mar 17, 2021
494 príspevkov
Jul 23, 2021 at 12:28
AliaDare posted:whitneytyler posted:
@AliaDare I would like to add discipline to patience. I would rather say patience and discipline are two of the most valuable assets in successful trading.
Exactly, any strategy can be used in trading, but these important issues need to be maintained.
Yes. You are absolutely right.
Členom od Mar 23, 2020
20 príspevkov
Jul 23, 2021 at 13:31
-Tested Strategy
-Mindset
-Right psychology
-Money Management
-Patience
-Mindset
-Right psychology
-Money Management
-Patience
Experience is the hardest teacher because she gives the test first, the lesson afterward.
Členom od Mar 28, 2021
586 príspevkov
Jul 24, 2021 at 10:19
@FedericoLin Yes you are absolutely right. Along with those quality one needs to know when to trade and when to sit out and observe the market.
Členom od Mar 16, 2021
447 príspevkov
Jul 24, 2021 at 12:04
Bela_fx posted:whitneytyler posted:
@AliaDare I would like to add discipline to patience. I would rather say patience and discipline are two of the most valuable assets in successful trading.
Very true! Discipline is very important aspect when it comes to making a successful trading
If I trade without managing discipline, it is not possible for me to trade by maintaining success.
Členom od Jul 20, 2020
385 príspevkov
Jul 25, 2021 at 15:32
LukeRachel posted:Bela_fx posted:whitneytyler posted:
@AliaDare I would like to add discipline to patience. I would rather say patience and discipline are two of the most valuable assets in successful trading.
Very true! Discipline is very important aspect when it comes to making a successful trading
If I trade without managing discipline, it is not possible for me to trade by maintaining success.
Completely agree with this. It is key to have discipline and also a plan for every aspect of your trading
Členom od Jul 19, 2020
742 príspevkov
Jul 26, 2021 at 11:44
CraigMcG2020 posted:LukeRachel posted:Bela_fx posted:whitneytyler posted:
@AliaDare I would like to add discipline to patience. I would rather say patience and discipline are two of the most valuable assets in successful trading.
Very true! Discipline is very important aspect when it comes to making a successful trading
If I trade without managing discipline, it is not possible for me to trade by maintaining success.
Completely agree with this. It is key to have discipline and also a plan for every aspect of your trading
Thanks, everyone. Trading without a plan is complicated.
Členom od Jul 26, 2021
26 príspevkov
Jul 26, 2021 at 12:25
FedericoLin posted:
-Tested Strategy
-Mindset
-Right psychology
-Money Management
-Patience
Nice list and I would like to add some little point, if you wish to get your strategy well used constantly, you should change it when the market changes or use an additional strategy, system and plan.
Členom od Nov 03, 2020
72 príspevkov
Jul 26, 2021 at 13:10
Having the right mindset and testing out the strategy as much as you can to improve trading skills can be proven to be useful
Členom od Jul 22, 2021
8 príspevkov
Jul 26, 2021 at 13:46
I think that the best strategies will work in all markets. The strategy should automatically be able to adapt for different markets conditions
Členom od Jul 26, 2021
26 príspevkov
Jul 27, 2021 at 12:53
CatWalker posted:
I think that the best strategies will work in all markets. The strategy should automatically be able to adapt for different markets conditions
In order for the trading system to work in different conditions, it is necessary to create a certain set of algorithms. It is a complex process that requires a local approach and I have seen few traders who are able to tune the system so well. For example, with high volatility and directional movement, you can use levels theory, oscillators, trend indicators, but with horizontal movement, patterns and breakout rules. In addition, risk management will be different.
Členom od Jun 17, 2021
10 príspevkov
Jul 29, 2021 at 10:38
@LukeRachel I completely agree with you that discipline is one of the most vital aspects of trading. Undisciplined trading would make it very difficult to manage risk and result in a loss most of the time. Also to keep in mind that disciplined trading would always result in a profit but it reduces the chances of loss.
Členom od Mar 16, 2021
447 príspevkov
Jul 30, 2021 at 16:38
gwendolyncole posted:
@LukeRachel I completely agree with you that discipline is one of the most vital aspects of trading. Undisciplined trading would make it very difficult to manage risk and result in a loss most of the time. Also to keep in mind that disciplined trading would always result in a profit but it reduces the chances of loss.
To understand the market conditions, traders need to understand the sentiments and discipline that should be managed to make a profit properly.
Členom od Dec 24, 2020
5 príspevkov
Jul 30, 2021 at 18:54
Lionkingdom posted:
Sometimes candlestick analysis works, sometimes the Bollinger indicator, and trend trading, and sometimes it is better to trade against the trend. The trader himself chooses which signals to ignore and which to use.
Fluctuations. Therefore sometimes signals "works" and sometimes "not working".
Členom od Mar 16, 2021
447 príspevkov
Jul 31, 2021 at 00:02
gepards posted:Lionkingdom posted:
Sometimes candlestick analysis works, sometimes the Bollinger indicator, and trend trading, and sometimes it is better to trade against the trend. The trader himself chooses which signals to ignore and which to use.
Fluctuations. Therefore sometimes signals "works" and sometimes "not working".
Yes, of course, every trader must have the ability to predict market sentiment.
Členom od Mar 28, 2021
586 príspevkov
Jul 31, 2021 at 10:28
A lot of things works. The question is what you can learn? How much you can learn? How much passion you have for learning?
