Quote from: Viscore on March 10, 2022, 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

No strategies are perfect as they said. They are all subject for success and losses as well. But how you handle your strategies create its difference. If you find yourself consistently learning in developing your own strategy and master it, that will be your edge towards the market. And definitely, your experience will tell it all if your strategy is worth to keep or need to be replace. However, its not just a good strategy that will make you a successful trader, your right attitude towards losses matters too. Losing will always be a part of trading, so embrace it instead and learn from them.