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If someone starts flaming you PM me with a screenshot of the incident and I will ban them if its legit. Do not flame them back, it makes our work as admins harder figuring out who started it. So if you flame them back, you may get banned too.
@  traderpusa : (23 September 2018 - 07:24 PM) Good morning
@  Bigindoda : (23 September 2018 - 04:55 PM) be careful with GBP pairs..
@  traderpusa : (22 September 2018 - 09:14 PM) Yes Tri, just for testing and coding the EA.
@  neddihrehat : (22 September 2018 - 09:09 PM) And maybe it will go up again but then it makes a long term investment :)
@  neddihrehat : (22 September 2018 - 09:09 PM) Well, people still has hope that someday it will go up again just like it did in past.
@  neddihrehat : (22 September 2018 - 09:08 PM) People were buying virtual stuff, not realizing the potential limits of the tech.
@  neddihrehat : (22 September 2018 - 09:08 PM) Simplest way actually.
@  neddihrehat : (22 September 2018 - 09:08 PM) Yup it was a simple way to scam people.
@  Tripack : (22 September 2018 - 11:00 AM) No more demand for ICOs and you name it...
@  Tripack : (22 September 2018 - 10:59 AM) BitStamp, itBit and Kraken were pinned down by US reg for lack of security
@  Tripack : (22 September 2018 - 10:58 AM) Goldman Sachs turned back on them recently
@  Tripack : (22 September 2018 - 10:56 AM) Blockchain as a currency seems like a big flop...
@  Tripack : (22 September 2018 - 10:41 AM) Or just to test the ea ?
@  Tripack : (22 September 2018 - 10:40 AM) good luck :P
@  Tripack : (22 September 2018 - 10:40 AM) Yay, trading btc on weekends ?
@  traderpusa : (22 September 2018 - 02:09 AM) well, i got the commission back lol : https://gyazo.com/b9...94de5ae72b17097
@  traderpusa : (21 September 2018 - 08:02 PM) H1 Larry on BTC : short. https://gyazo.com/2d...be07e108208ba30, weekend testing.
@  VilmarRamos : (21 September 2018 - 12:06 PM) I want to find out what this indicator is based on if it is possible to put these parameters separately, or if it is possible to advance the movement of the arrow, some indicator tf or rsi that can try to advance the movement of rsi3tf
@  VilmarRamos : (21 September 2018 - 12:06 PM) guys
@  VilmarRamos : (21 September 2018 - 09:19 AM) indicator

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Finding your trading style


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#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


  • sangoldline likes this

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.


  • uday likes this
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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