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 or close. 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.

Almost every strategy works, but the problem is in our personality as traders, there certain strategies that requires one to be patient which is an inpatient trader is given such strategy to use, he's never going to see the same result, whereas some strategy requires risk management, that is not using high leverage or big lost size to trade. Also, there are some strategies that requires big capital to use, so these are certain things that most traders face that seems to them that a particular strategy works and this other strategy doesn't work, In a nutshell, your success in trading depends on hugely your personality approach towards that strategy.