I wonder if anyone other than me also apply non-standard strategies for trading.
Non-standard: I mean it is not indicator based, not chart pattern based, not trend-prediction based , ...
Below is an example of non-standard strategy:
- Buy 1 unit, if the price continues to go down, buy 2, 3, ... units for every equal distance.
- If the price reverse to go up and break even, either to take the profitable orders (total orders < n) or Stop all orders (total orders >n)
It's just an ex to figure out what is a non-strategy is, don't spend time to discuss or evaluate this strategy.
Fibo is not really non-standard, it is, in fact, trend-prediction