How did you decide on your trading strategy or method of trading?

If you are just starting out, then I am going to be honest with you . . . it is a long and tough road ahead. You need to do a lot of reading and a lot of practice on demo accounts before you can even go live.

Trading is not as easy as you think and making a living out of it is not that simple. There will be lots of dissapointments, lots of trial and error, lots of losses.

We all went through that and that is a normal process. If you want to succeed in this field , you have to pursue it with everything you got. I have been trading for 15 years now and I am still learning new things.

But don't let all of this talk scare you. I was told that no one makes money on this market, but didn't listen, and I pursued this field as if my life depended on it. I finally came through after many years of demo trading, testing every strategy and tools out there. Nothing really worked for me until I decided to create my own tools to help me analyze my charts.

I didn't create new tools, but I took the tools that are already out there, and made it into something that will work for me.
Now , I can say that im out of the woods .....and enjoying the profits that i worked so hard for.
Always heart warming to read another success story.

Best to you.
 
To create a strategy, you'll need access to charts that reflect the time frame to be traded, an inquisitive and objective mind, and a pad of paper to jot down your ideas.
 
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