Post
Topic
Board Trading Discussion
Re: Is it best to have a personal trading strategy?
by
Woodie
on 17/05/2023, 20:01:36 UTC
Having a personal strategy to me isn't just the key but the ability to stick to it, is.
Agreed this gives you total control too unlike waiting for signals which leave you dependant on such services.

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.
synthetic indices, interesting...I have friends that trade these and always complaining of manipulated markets, what's your experience on the manipulation topic?

Btw by synthetic indices are you talking about assets such as boom and crash, or maybe volatility indices???

I know of Deriv and some other broker just can't remember the name,  which broker are  you using to trade
your indices ?

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?
If it's a winning strategy then you will always make bank, it just gets ugly if you aren't getting winning setups which means getting back to the drawing board to help fine tune your strategy.