Is there anything like a best trading strategy?

[HolyGrailSeeker]

There is an optimal or close to optimal strategy.

No one is going to reveal anything to you because such a strategy is priceless.

 

[Lukeronchi]

It is actually not technically possible to know everything in trading, it is not humanly possible.

 

[Thor]

"Is there anything like a best trading strategy?"

Obviously, yes.

 

[justinbastian]

I completely rely on a range of EAs for trading and it’s going well for me.

 

[currencylover]

Using SL in all the trades is the best trading strategy for me because it protects my money when the market takes sudden moves against my position. It works well for me, but strategies work differently for every trader I think and so one shouldn’t rely on any blindly, rather make out what suits him the best and trade accordingly.

 

[Nealeliff]

There is an optimal or close to optimal strategy.

No one is going to reveal anything to you because such a strategy is priceless.

Ouch! That hurt

 

[Ytintod]

I completely rely on a range of EAs for trading and it’s going well for me.

Any recommendations for EA to use for MT4/5?

 

[Lukeronchi]

Yes, no one else can tell what strategy will work for which trader. And there’s definitely no need to waste time understanding all the different tools of trading. It is better to know fully well the functioning and workings of a few.

I completely agree with you. There is nothing like the best strategy for a trader. In some situations, a different strategy might work for you. So, it is better to try out a few so that you know which strategy you can use in a particular situation.

 

[Jastinross]

I completely agree with you. There is nothing like the best strategy for a trader. In some situations, a different strategy might work for you. So, it is better to try out a few so that you know which strategy you can use in a particular situation.

Because different strategies can work in different scenarios, you must try out different strategies on your demo account and find out which ones you can use as per the market analysis.

 

[Nealeliff]

Using SL in all the trades is the best trading strategy for me because it protects my money when the market takes sudden moves against my position. It works well for me, but strategies work differently for every trader I think and so one shouldn’t rely on any blindly, rather make out what suits him the best and trade accordingly.

I agree, I am here just to get ideas.