Quote from: Cryptmuster on May 22, 2025, 07:34:14 AM

Quote from: EarnOnVictor on May 03, 2025, 10:42:54 AM

I will keep this short and simple--and this post is to open our trading understanding a little.

As the title reads, oh yes, it's true, but they still lose. Sad

They are busy chasing a better strategy that can only exist in their imaginations, thereby losing focus, and then style drifting.

Those simple strategies you undermine are enough for you if you work on yourself. I was shocked when I realised someone bought a trading strategy for $3,700...oh my God! Huh

And guess what, it failed him, what a waste!

A good trading strategy is important, but what traders need to succeed is not an absolute strategy that gives 100% winning. A 60% winning strategy is okay if you can work on your trading psychology and money/risk management. As simple as the two are, they've reshaped my trading results for good.

Reshuffle that mindset and see the result in months.

When I started trading I didn't particularly focus on one specific strategy. I read different traders, watched and tried to understand how they trade. Everyone has their own approach, their own habits, but what I realized for myself is that it is important to create a list of rules that you will never break under any circumstances.

This is not about the elaboration on the trading strategy, any trader can have as many as possible strategies, so long as it is working for them. But what I hinted is no need to be busy chasing an holy grail strategy (the best/100%), it's inexistence. So long as the one(s) you have are working to a reasonable extent, just focus on them.

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Not a huge list, up to 10 rules.

Oh my God...Can you share these 10 rules with us?