What strategy actually works? - page 11
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
I quite like Grid strategy systems that have built in indicators / strategies for proper entry points.
With Grid you can be quite successful IF YOU ARE NOT GREEDY and set proper Lot sizes to manage your risk.
The only problem with Grid systems that i can see are people using them with lot sizes set wayyyy too high trying to get rich quick!
Just ensure you have enough margin for when the market goes unexpectedly against you.
I quite like Grid strategy systems that have built in indicators / strategies for proper entry points.
With Grid you can be quite successful IF YOU ARE NOT GREEDY and set proper Lot sizes to manage your risk.
The only problem with Grid systems that i can see are people using them with lot sizes set wayyyy too high trying to get rich quick!
Just ensure you have enough margin for when the market goes unexpectedly against you.
If you're referring to Martingale strategies when you say Grid systems, Martingale strategies have been debunked many times over by experienced traders in this Forum. The underlying problem is the fact that "enough margin" is tough to calculate for "unexpected" adverse price movements. This leads to ever increasing lot sizes which in turn, leads to ever increasing risk of ruin. It's no wonder that the Martingale strategy was created for a roulette wheel in a casino.
In contrast, an anti-Martingale strategy is more logical. This stacks trades floating in profit in ever decreasing lot sizes. The underlying principle is that price swings have the most momentum early on and become exhausted as the swing extends--another reason to never trade a straight up Martingale strategy.
Maybe you are looking for a holy grail, such does nor exist, a few loses here and there is totally fine, stick to 1 strategy and don't deviate
Why not 3 strategies? There is this myth about sticking to one strategy. There are a few good strategies, and using one strategy only is actually chopping off opportunities. Maybe stick to one symbol, or adapt to a small basket of securities which make sense to trade.
Maybe you are looking for a holy grail, such does nor exist, a few loses here and there is totally fine, stick to 1 strategy and don't deviate
Why not 3 strategies? There is this myth about sticking to one strategy. There are a few good strategies, and using one strategy only is actually chopping off opportunities. Maybe stick to one symbol, or adapt to a small basket of securities which make sense to trade.
Once again I say, to each her/his own. A rock solid and time-tested strategy for one instrument is fine for some. At the same rate, a rock solid and time-tested diversified strategy is fine for others.
At the end of the day, statistics are key regardless of your trading style.
If you're referring to Martingale strategies when you say Grid systems, Martingale strategies have been debunked many times over by experienced traders in this Forum. The underlying problem is the fact that "enough margin" is tough to calculate for "unexpected" adverse price movements. This leads to ever increasing lot sizes which in turn, leads to ever increasing risk of ruin. It's no wonder that the Martingale strategy was created for a roulette wheel in a casino.
In contrast, an anti-Martingale strategy is more logical. This stacks trades floating in profit in ever decreasing lot sizes. The underlying principle is that price swings have the most momentum early on and become exhausted as the swing extends--another reason to never trade a straight up Martingale strategy.
I am not referring to martingale....nope