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@  traderpusa : (19 January 2020 - 08:20 PM) Kurt09 you should post in appropriate thread with screenshots to prove your case
@  kurt09 : (19 January 2020 - 03:25 PM) They Analist Edward Shultz is the biggest scammer, stay away from them
@  kurt09 : (19 January 2020 - 03:24 PM) Elitetrading.co and Tradeidiea is Big Scam, they dont let you withdraw yourr money
@  joacim : (19 January 2020 - 05:28 AM) vostro
@  traderpusa : (18 January 2020 - 09:54 PM) great. good luck trading in 2020 !
@  Singh : (18 January 2020 - 03:37 PM) @traderpusa naw man, I give up, its too much to baby sit people, give them rules and guidance and then restart again lol I am better off trading myself here and there.
@  traderpusa : (17 January 2020 - 09:34 PM) sorry to hear that. Keep on looking I would say.
@  Singh : (17 January 2020 - 04:20 PM) @traderpusa Nope, was a shit show. I doubt there is a good trader out there with a good risk management etc, demo is all bell and whistles lol
@  traderpusa : (16 January 2020 - 09:05 PM) Is your guy still active ?
@  traderpusa : (16 January 2020 - 09:05 PM) all good Singh. Back to the daily grind of trading.
@  Singh : (16 January 2020 - 03:45 PM) @blessedtj Hola
@  Singh : (16 January 2020 - 03:45 PM) @traderpusa Sup Man
@  blessedtj : (15 January 2020 - 11:35 PM) hi all
@  traderpusa : (15 January 2020 - 10:09 PM) Hi Singh.
@  Singh : (15 January 2020 - 01:04 PM) Hey T
@  Singh : (15 January 2020 - 01:04 PM) Sup Fellas
@  Tripack : (14 January 2020 - 01:19 PM) Best to throw your question in a thread here http://www.binaryopt...ing-assistance/
@  forza125 : (14 January 2020 - 08:33 AM) ?
@  forza125 : (13 January 2020 - 02:23 PM) can anyone put an alert on a histogram?
@  traderpusa : (08 January 2020 - 02:49 AM) it is.

Photo

Finding your trading style


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5 replies to this topic

#1 shaileshm

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Posted 28 May 2018 - 11:14 AM

Recently I came across this quote :

 

I don’t think traders can follow rules for very long unless they reflect their own trading style – Ed Seykota

 

The quote I think hits the crux of a major problem.

 

For past many months I had a strategy(multiple strategies actually) which gave consistent results but for some strange reason I was always looking for new systems. And sometimes I used to even wonder why the f am I doing this, keep continuing with the old system.

 

Eventually I gave up the old system for something else, and the reason for that simply this one I feel more connected to or it suits my style or personality.

 

I was wondering how other people decided on their own trading style when they faced multiple of good looking options to choose from. It would be nice to hear some experiences from other members.


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Know Thy Setup. Know Thyself.

#2 uday

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Posted 29 May 2018 - 07:29 AM

Recently I came across this quote :

 

I don’t think traders can follow rules for very long unless they reflect their own trading style – Ed Seykota

 

The quote I think hits the crux of a major problem.

@shaileshm, you are right. Traders are not continue any fix strategy. they are every week change it. and second big problem is traders loose patient.
same problem with me so i am looser. :D


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The goal of a successful trader is to make the best trades. Money is secondary.” – Alexander Eldere62fa2059f4d4df0ac5c5a308adab76a.png


#3 shaileshm

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Posted 29 May 2018 - 11:58 AM

@shaileshm, you are right. Traders are not continue any fix strategy. they are every week change it. and second big problem is traders loose patient.
same problem with me so i am looser. :D

 

Its not so much about about keep continuing on a fixed strategy. Even if you have a goof strategy , it needs to reflect your trading style and personality. For example if you give a good strategy which gives only couple of trades a day to a high frequency trader, some one who like to take a shot every 10 min or so, the person will not ab able to get profitable with it. So there should be a match of the strategy with the person as such and this should be concuisly taken into account when someone is still searching for strategies.


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Know Thy Setup. Know Thyself.

#4 WanbutHits

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Posted 19 July 2018 - 07:06 AM

You never goes on with a same strategy style for a long period because forex market shows a huge liquidity. As forex market changes after a short intervals you should also have to change your strategy. You must have to change yourself with the present market. It is very necessary if you wants to be a good trader in future.


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#5 Tripack

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Posted 19 July 2018 - 02:30 PM

« Strategy » is not what rules, « style » more maybe. In any case adaptability and some awareness about fundamendals are key...

#6 traderpusa

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Posted 19 July 2018 - 08:31 PM

You never goes on with a same strategy style for a long period because forex market shows a huge liquidity. As forex market changes after a short intervals you should also have to change your strategy. You must have to change yourself with the present market. It is very necessary if you wants to be a good trader in future.

 

I for one disagree with this statement.  Price Action is valid under any market condition and have been trading the same strategy for many years.


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