If you do not have a trading strategy, how would you then make profit consistently?
There was a time I blindly traded on deriv Dtrader app and I made over 2k dollars in less than 48 hours, let me say out of luck, without having a personal strategy or using any strategy from anyone. Though I started with a $100 account which gave me an edge.
Remember I included 'consistently'. I remember the first time I traded like 3 years ago now, I gained very well, but not knowing how losses would follow and be maximized by derivative trading. I remember a time my trading fund would be liquidated at just $1 remaining to be filled, like bitcoin at $19999 but liquidation at $20000, but followed by significant bear market which I wa favoured, but i traded consistently at the time and j later lost great amount of money. Being a good trader is not about making money, but about making money consistently.