What strategy actually works? - page 16

 
There is no single strategy that “really works” in all markets.

What works is usually a combination of:
- a simple edge
- strict risk management
- realistic execution assumptions
- enough trades to validate it
- and knowing when the strategy should not trade.

Most strategies fail because they are over-optimized for the past, not because the basic idea is always bad.
 

Risk management works.

Many strategies can be profitable, but without proper money management, even the best strategy will eventually fail.

 

Absolutely agree. A strategy is not only about entry and exit rules.

In real trading, the result depends on the full system: risk management, execution quality, market filters, and the trader’s ability to stop trading when conditions are not suitable.

That is why a simple strategy with realistic rules can often perform better than an over-optimized system that looks perfect only in backtests.

 

I have simulated with EA many scenario where: 

1. Random entry BUY/SELL

2. Exit after hit TP/SL

3. Strict PL ratio

4. Strict Risk management


Most of backtesting result: Money gone in a year


My conclusion was that, you are still need good entry point, good exit point, good PL ratio and good risk management as some people mentioned earlier.

You dont have to trade every signal. What important is that you must backtest your strategy,

 
Lucky Minayo:
Guys, I have been trading since 2011, I have tried nearly 2000 strategies, I have build almost 2000 Eas and indicators, on this olatform and on other platform, but I have not really found what works, what actually works? and does such a thing exists? 
There is no strategy 100% work. Only increase the probability of win rate and way how to exit if wrong direction 
 
Lucky Minayo:
Guys, I have been trading since 2011, I have tried nearly 2000 strategies, I have build almost 2000 Eas and indicators, on this olatform and on other platform, but I have not really found what works, what actually works? and does such a thing exists? 
Focus on analyzing volume and price - these two never betray. Having 2000 strategies won't work unless you follow one or two successful strategies to execute your trade. From my experience, I love to use volume, price, momentum with trends. 
 
The strategy that actually works is the one you can execute consistently. I trade through <redacted> (it's a popular prop firm) and keeping my risk low, following my plan, and avoiding overtrading has worked far better than chasing the next "holy grail" setup.
 
3 years of live trading taught me more than any backtest ever did. I've built and broken more strategies than I can count. What I eventually found is that the strategy itself is maybe 30% of the equation — the other 70% is knowing when NOT to trade. Session filtering, news avoidance, and a hard daily loss limit saved my account more times than any entry signal ever did. The hardest part is that none of that feels exciting to build. But it's what actually keeps you in the game long enough to find your edge
[Deleted]  
avoid scalping focus on swing trades only with large profit and small sl
 
Cut your losses short, let the profits run(use a trail stop instead of a fixed TP) and very important risk small and equal on each trade and trade multiple non correlated markets.