Post
Topic
Board Trading Discussion
Re: Is it best to have a personal trading strategy?
by
LUCKMCFLY
on 13/05/2023, 17:59:18 UTC
Having a personal strategy to me isn't just the key but the ability to stick to it, is. I have been trading synthetic indices for over 6months and I feel it is better to have a working personal strategy and keeping to it, even at the days and times of loss.

I'm seeking to know if having a personal trading strategy has been able to enhance your trading profitablity and if you really keep to a particular strategy that worked for you even when it seems it's failing you later on and for how long do you stick to this strategy?
I think it is not only best to have a personal trading strategy but it is needed, you cannot become a successful trading if you only depending on other trading strategy, because we need to decide and make a strategy by our self to become a successful trader we can learn a lot from our mistakes not from the mistakes of others.

I personally disagree on this very one with you and I'm so sorry about that because I believe that we all have our opinion but have you also thought of the possibilities of making profits while you learn, I believe that in trading industry, there are massive opportunity of earning while learn even before owning a strategy and also another point of correction is the that one can be very successful from trading using other people's strategy and I also have a friend who only copy the trades if others and doesn't have to worry himself so much with analysis but simply wins when others win and suffer losses together

It is a different option, I cannot deny that there are groups of signals where they are free and that do not ask for any type of subscription or Anything like that, the only money they ask for is what they must put on the platform or broker to trade, it is a minimum deposit required to operate with a real account, personally I like these types of Initiatives, and even if success is not guaranteed, one can trust that things can happen if they wish for the best,of course this will make the market move a lot, because there will be many operations that will be done at the same time, then it may be that the chances of winning increase.