Post
Topic
Board Trading Discussion
Re: What is your trading strategy?
by
fikrett
on 05/12/2024, 08:52:34 UTC
Many newbies do this because they have been exposed to too much information. Information they got from YouTube videos, mentors, forums, online tutorials, and lots more. Many of them who lack confidence in themselves would be tempted to try out every single strategy they learn, maybe profits may come Roll Eyes but, that is obviously not a right thing to do as it might make the newbie trader miss some good opportunities and even get confused at some point.

For every newbie, patience and focus should also be seen as a strategy. Trying out multiple strategies, especially strategies they are not even sure of, does not increase their chances of success. Learning is a gradual process.

I do think a newbie should choose 2-3 strats and work around them.
Hone them up and adapt them to his own view - for them to work on the current market.