Where Did You Find your Strategy?

The strategies are the least important factor. Knowing how to trade is whats required. Flags work. Double bottoms and tops work. Breakouts work. Most go broke trading them. A few make money. What is required? Self control is my guess.
 
I think the thread starter is asking where did we find our strategy.

In other words, what spark the development of our methodology.

However, I still think the magic 8 ball and ouija board can outperform most traders.

:p

Mark
 
The only "strategy" I have is to be on the right side of the market, as timely as possible. I suppose it's "tape reading" overall that gives me an opinion that ultimately pulls the trigger, but it's an amalgam of news interpretation, cross-market relationships, sentiment, etc. Charts are just for catch up and I rarely need to look at them if I've been focusing continuously on a single market. Blind "setups" are very rarely used, as nothing as simple as a technical indicator or pattern alone is enough for me to initiate a position.
 
Quote from Razor:

Hey Edge,

Any indicators or just pure price bars ?
More...

I don't use indicators. I watch the depth in the order book and movement of the bid/ask spread. This is very consistent for me but highly unscalable.
 
Elite Trader...Of course...

I just started reading what everyone else was doing and adjusted my strategy to fit.

...also years of following the markets, and learning from my mistakes (most of the time).
 
This is my strategy sumarized in a poem...



Remora.

Don’t let them see your hand.
Like a little bird jumping on a keyboard,
Keep your mouth quite, don’t be noisy.

If you keep your size small,
Be like a mouse at midnight.
They will try to find not to hit you.

Don’t fight the sharks little fish, take the spoils.
Grow and become a shark.
Don’t fight the whales little shark, take the spoils.
Grow and become a whale.
And once you’re a big fat whale,
Please leave spoil for the fish.
 
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