There are many different trading strategies and there are many different markets. To be successful you need to find the right strategy for the right market which fits your needs, plan, goal. It comes down to what you’re comfortable with. Are you ok with losing half of the trades and winning half while having winners slightly bigger to be ahead at the end? Are you ok with losing much more than winning but once win comes it takes care of 10 losers? Or would you like to win many more times than lose even if wins are smaller? Are you ok with sticking to one strategy only and perfecting it to feel very comfortable with it, become master of it, and only have a few trades a day while waiting for the right setup? Or you’d like to take trade after trade the whole day with all kinds of strategies just to be included in them all?
We could go on and on with questions like that but in the end, one thing is for certain and it’s that you must have a profitable strategy which has the ability to pull money out of the market on regular basis then stick to it.
To be sure a strategy is profitable longterm not just for a week or a quarter or in a certain market circumstance but really working out for years you either need to put in all the years of creating, testing, adjusting, losing, learning, inventing, implementing to get to the final product which then takes care of all the years spent up until that point and starts making you hard-earned gains or you can trade somebody else’s strategy which has already been tested and confirmed to work in all different market circumstances over past decades. That’s what I did. No need to reinvent the wheel if it’s already there and it’s working beautifully as it is.
We could go on and on with questions like that but in the end, one thing is for certain and it’s that you must have a profitable strategy which has the ability to pull money out of the market on regular basis then stick to it.
To be sure a strategy is profitable longterm not just for a week or a quarter or in a certain market circumstance but really working out for years you either need to put in all the years of creating, testing, adjusting, losing, learning, inventing, implementing to get to the final product which then takes care of all the years spent up until that point and starts making you hard-earned gains or you can trade somebody else’s strategy which has already been tested and confirmed to work in all different market circumstances over past decades. That’s what I did. No need to reinvent the wheel if it’s already there and it’s working beautifully as it is.
The ones I personally like the most are breakouts, dip-buying, momentum, power trends and fading. Breakouts because winning probability is the highest, dip-buying because stop loss is very tight so the risk is the lowest, momentum and power trends because they can really run much bigger and stronger than most expect or think possible and big gains can be made with trailing stop loss in place and short selling fading on those huge moves after they reach the peak and start down-trending.
© 2023 Anya trades, All rights reserved. Developed by Kowalla Digital
© 2023 Anya trades, All rights reserved. Developed by Kowalla Digital