Quote from: Wexnident on May 24, 2019, 12:52:31 PM

Quote from: marycrazy08 on May 14, 2019, 12:17:40 AM

Hey guys, what kind of trading strategy do you use? and Why? What's the effectivity rate?

As for my strategy I always use the fundamental analysis, the basic one as it always give the result I want. The basic supply and demand law is 90% working all the time. But it doesn't necessary means that my strategy is applicable for everyone, I've tested it at first and find it working so I go with it.I can say strategy and trader must meet halfway for it to work perfectly.

From your explanation, I bet you are not a short term trade (day trader), because the only lace fundamental analysis functions well is when you use it to forecast future price maybe 3 months forecast and not a day forecast.

Most trader you see will tell you that TA id the most used trading strategy for a day trader which has worked for me perfectly well for all my trading both I Forex and crypto trading. People that find TA difficult are people that cannot read chart and if you cannot read chart, then you are not ready to be a shorter trader, which it is advisable you stick with holding where FA becomes useful.