Trading strategies

[CallahanSinclair]

I really do not follow other traders' strategies and try to analyze on my own but it is good for getting inspired.

 

[NatureGirl]

I really do not follow other traders' strategies and try to analyze on my own but it is good for getting inspired.

its not only bout gettin inspired its bout learnin and testin

 

[Oli_jackson]

Hi there!

Every trader has a different strategy. Some people trade only when there is no volatility in the market to minimize risks. I prefer to keep up to date with important news and decide on how to proceed.

So, you use FA to make decisions? Am I right? and what source do you use?

 

[leongoncalves11]

I use the smart money concept its a pretty good strategy and it seems to work.

 

[CallahanSinclair]

I use the smart money concept its a pretty good strategy and it seems to work.

I think it is important that always make sure to do your own research and consider your own risk tolerance when trading.

 

[Oladele60]

There are alot of profitable strategy, one of it is following trend EA, it as always being profitable for me

 

[Amadeus.V]

I really do not follow other traders' strategies and try to analyze on my own but it is good for getting inspired.

For scalping, in a 3m candle chart, wait for the price line to reach a resistance, then, wait for the RSI to enter over but or over buying zone, and then wait for a divergence on RSI and there you can enter short trades.

 

[CallahanSinclair]

thank you for your suggestion . I think it would be good to back-test it in a demo account to understand its strengths and weaknesses.

 

[Amadeus.V]

thank you for your suggestion . I think it would be good to back-test it in a demo account to understand its strengths and weaknesses.

of course, it should be. every strategy should first be examined in a demo account before being applied to a real one

 

[fargana]

For scalping, in a 3m candle chart, wait for the price line to reach a resistance, then, wait for the RSI to enter over but or over buying zone, and then wait for a divergence on RSI and there you can enter short trades.

Yeah simple but brilliant I like strategies which rely on 3-4 rules without overcomplications. Many traders' fallacy is using to complex systems which they don't understand.