What kind of information do you use for creation trading strategy?

Guys, thank you very much for your thoughts, I wanted to know what do you use in your making decisions (which data, options est) and what I found:
1) Just few people showed or hinted how they trade and what they use.
2) The others adviced me to use some obvious (but not always exactly correct) principles: trade trends, check risks, ATR and so on.
Honestly I expected received something new and interesting and was ready to discuss some methods cons and pros. But any case thanks for participation in topic.
 
Volfixtrader said:
Guys, thank you very much for your thoughts, I wanted to know what do you use in your making decisions (which data, options est) and what I found:
1) Just few people showed or hinted how they trade and what they use.
2) The others adviced me to use some obvious (but not always exactly correct) principles: trade trends, check risks, ATR and so on.
Honestly I expected received something new and interesting and was ready to discuss some methods cons and pros. But any case thanks for participation in topic.
More...
Well if yur stuck ya need the tight tools to get yurself going.
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Volfixtrader said:
Guys, thank you very much for your thoughts, I wanted to know what do you use in your making decisions (which data, options est) and what I found:
1) Just few people showed or hinted how they trade and what they use.
2) The others adviced me to use some obvious (but not always exactly correct) principles: trade trends, check risks, ATR and so on.
Honestly I expected received something new and interesting and was ready to discuss some methods cons and pros. But any case thanks for participation in topic.
More...

You can use price data, various types of macro data, seasonality, fundamental data, alternative data etc. etc.

In the end, it's not so important. You will realize that you have more prospective alpha/information sources than is your account capacity and your research capacity. So in the end, you will have to do some heavy trimming and pick a style that suits you and the rest of the research/trading process, and your data will adjust to that style.

Or you can build multi-strategy, multi-asset, multi-period trading framework, but then you must build a methodology for selecting in and removing strategies out of your portfolio. Which is a totally different beast to tame ...
 
The info you need will depend on kind of trading, like longterm investor or day trading or swing trading. After that it will depend on what are you trading – like indexes, forex, shares, metals, etc. Then you will need to think of which region will affect your trades.
 
An outsider will think trading is a simple task e.g. buy low - sell high, sell low - cover high. But the devil is in the detail. Without trying how do we know if the method/tool works? So, patient is the key. It takes time to understand the market, methods and tools. Without proper understanding of the market, apply methods / tools blindly can be disastrous. Leverage amplify risk.
 
Guys, thank all of you for getting me advice. This is very cute that you try to help me, I'm sorry but I don't need your support when you recommend to be more concentrated or patient. I know what to do and how to do. I would like to develop my range of making decisions why I ask what kind of information do you use in making decisions and which information is useful which not. Much better if you write something like this: I use news for trading and it works because... don't work because... or I'm using volume range to filter trades or something like this.Thank you.
 
Volfixtrader said:
or something like this..
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I use price action. I don't watch news and a lot of the time I can't tell you what the companies I own a part of do to make money.

I have certain patterns I scan for that have a probability of moving in my direction. I have strict money management rules that quickly cull the positions that are not performing.
 
My strategy is not based on technical analysis but it is based on the relationship between volatility, open interest, price and volumes. The money management methods follows. And no predictions
 
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