finding your own niche

[GCW]

Question, How do you find your own niche in the markets? What do you look for? How do you find profitable setups in the market?

 

[Enivid]

I have found my own niche by reading Forex trading books and studying the market on demo.

 

[hayseed]

focus and observation......h

 

[HeavenLeighGill]

I watch videos on YouTube, practice on demo alongside my live account, read articles, and keep tabs on what others are doing by visiting forums like this one for inspiration when needed.

 

[BritneyHolden]

Read and test! There is no one way to find out. I would say do your research and take small risks.

 

[Johhnyboy]

Bos on the daily TF for bias then I look for similar moves on the lower time frame trading with the trend looking for pullbacks or corrections

 

[Goggles]

Analyse your personality and preferences then choose the trading strategy and practise it using different indicators and patterns.

 

[alzheimer]

Question, How do you find your own niche in the markets? What do you look for? How do you find profitable setups in the market?

Well I tend to steer clear from overly simple systems based on technical analysis because all not-so-complicated trading system tend to quickly lose their trading edge as knowledge or expertise threshold is low to repeat and implement it. Also if we assume that market movements are driven by incoming fundamental information then an edge may be in a system that is superior on retrieving and digesting such information as market participants that act slower will be your "bread". This is how you can approach this question.