Quote from: Questat on Today at 11:15:21 AM

Quote from: Viscore on Today at 08:14:32 AM

Quote from: Raymond Gary on March 03, 2022, 02:22:59 PM

For many years of trading ,I have been looking for the perfect trading strategy , but I came to realize that there's no perfect trading strategy but you can create a rule base strategy that works when you decipline yourself and follow the rules even if at the end of your analysis and it finally becomes a lose trade, you're gonna be fine because you followed the rules base system you set for yourself and not trying to beat or out smart the market.
It is known that no one can actually predict the market but we can only react to the current market situation.

Actually, there is no right or wrong stategies. It all depends on your personality and interest. I believe that there is no single strategy that can be successful at all times, because no matter what you do there will be drawdowns. As a trader when looking for a succesful trading strategy, it is important to educate yourself constantly. Do a lot of backtest and find out which strategies is sustainable in a long run.

And as no one can predict how the market behave, it is important to know how you handle your strategies, your rules and style for different type of scenarios in order for you to become a successful trader. Keep learning. Wink

Indeed. And it was because every one of us has a different market opinion and that's even making use of the same strategy still the results are different.
It is quite encouraging why others got a huge profit but first, we have to ask ourselves then if we can do the same as what they do. And the answer is maybe yes or no. Everything relies on us personally, no matter what strategies we are using for as long as it works find and profiting, I guess we have to sustain it and make use of this until the end.

I agree with what you are saying. Having the right strategy is depends on your character. As a novice trader it is also important to understand the markets of how they move, why they move, when they move. This is also the first step before following or making more strategies that is suit for you. Dont rely on single strategy as the market moves differently. Continue to educate yourself and never stop learning. Once you do this in a right way, you will make more profit and minimize your losses.