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Author Topic: How to learn new trading strategy?  (Read 7857 times)

Offline Kristofer

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Re: How to learn new trading strategy?
« Reply #15 on: December 18, 2015, 07:09:19 AM »
Before you create a trading strategy,  try to explore systems of other  traders. This does not mean that you have to copy or transfer parts, but just wonder what the strategy it is and what it can give you.

Offline equityfx

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Re: How to learn new trading strategy?
« Reply #16 on: January 25, 2016, 09:48:21 AM »
As I feel one need some time to learn the good strategy. Do not apply any pre-built strategy may be it will not goo for you. Plan your own strategy on the base of your trading experience and needs.

Offline hybrid

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Re: How to learn new trading strategy?
« Reply #17 on: February 20, 2016, 06:25:44 AM »
I build my own strategy be doing different experiments work on it for sometime  to see its effectiveness .I can change it as per my needs . My strategy is not at all  on fix rules because in forex we have to flexible .

Offline Paul.Trafford

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Re: How to learn new trading strategy?
« Reply #18 on: May 23, 2018, 11:36:14 AM »
Interesting topic here 😊 If you are making strategy of your own, you will know if for sure. Back in the time I was researching strategies of other mentors and traders. However the idea didnt catch me so I made something simple to follow.

Offline idave

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Re: How to learn new trading strategy?
« Reply #19 on: June 02, 2018, 09:43:29 AM »
I think the best trading strategy is price action trading. I heard many positive feedback from lot's of people on different trading forums.

Online diyforexskills

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Re: How to learn new trading strategy?
« Reply #20 on: June 02, 2018, 11:01:25 AM »
I think the best trading strategy is price action trading. I heard many positive feedback from lot's of people on different trading forums.

Price action trading sounds simple and it is nice to work with charts that are not cluttered with indicators and arrows and gaudy colours, but there is a lot to it.

A good overview can be found here. I am sure there are many others.
https://www.tradingsetupsreview.com/practical-guide-price-action-trading/
Information and product page - http://www.diyforexskills.com/forex-tools/




Online diyforexskills

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Re: How to learn new trading strategy?
« Reply #21 on: September 07, 2018, 06:35:59 AM »
Understanding how the market works is a great starting point. And I think it is really nicely explained in the five articles at this link; defining the market makers and the herd and how they play out.
http://www.perfecttrendsystem.com/day-trading-strategy-for-forex-v-power

The other really nice thing then is that you can get a free version of the semi-automated system with which you can trade and practice this type of strategy to see if its for you. It's a nice little unit, easy to use. I have been playing with it for a couple of weeks with results as shown on the bottom graph (the Controller is not part of the package; I just like to have an on-chart performance recorder). Trading just 0.01 lots. The setup shown is ripe for another Buy; as will be revealed when you read the instructions. Enjoy.

PS I am not affiliated with this vendor.
« Last Edit: September 07, 2018, 08:22:18 AM by diyforexskills »
Information and product page - http://www.diyforexskills.com/forex-tools/




Offline slimboydim

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Re: How to learn new trading strategy?
« Reply #22 on: September 07, 2018, 08:11:29 PM »
Thanks for sharing, some interesting thoughts there.

I like to look on MyFxbook, where you can see what percentage
of the community are long or short on a particular pair. Always have
great confidence in a trade if I am against what the majority are doing!

I always call them sheep, but I think the herd mentioned in the articles,
a lot of learners are happy to be a part of. Gives them a feeling of safety.
Most aspire to be retail traders, when in reality you need to be as far away
from their trades and habits as you can...

79% of traders with my broker lose money.







Offline Loperte

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Re: How to learn new trading strategy?
« Reply #23 on: December 14, 2018, 06:28:04 AM »
I think that many traders had this kind of thinking in the beginning of their carriers. It is perfectly ok. Try to make some sort of reflection of your trade to see what exactly went wrong. You will get an insight of what you should do in the future. Try it in first on Demo account.

 

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