Is there anything like a best trading strategy?

Discussion in 'Trading' started by Nealeliff, Jan 12, 2021.

  1. I am an occasional trader, not trading regularly so I am not sure about any specific strategy.
    If I have to explain my outcomes - more of neutral and little margins when trading with MT4.

    By when should I expect to see my account booming to triple digits?
    Need to hear your tried and tested moves on strategy tuning, spreads, leverage, opening/closing trades, favourable currencies, or commissions.
     
  2. speedo

    speedo

    " I bought a violin and took some lessons, when can I expect to play at Carnegie Hall?...any special techniques or tunings to speed the process?"
     
    Last edited: Jan 12, 2021
  3. traider

    traider

    HFT
     
    Scataphagos likes this.
  4. Nobert

    Nobert


    Neal, ever heard of -
    No-Pain-No-Gain.jpg

    Work on your work ethic first :
    timestamped
     
  5. lindq

    lindq

    Studies show that only 99% of intraday violin players are profitable.
     
  6. narafa

    narafa

    Maybe the best Trading Strategy is not to Trade, just a thought
     
    tradeking007yahoo likes this.
  7. Trading well requires a lot. You're unlikely to stumble on a successful strategy trading "occasionally".
     
  8. speedo

    speedo

    For most it is. People can be very naïve about what it takes to become a consistently profitable trader.
     
  9. what does it take? an account at elite trader for one!
     
  10. sef88

    sef88

    Find as many strategies as possible with positive expected value and performance characteristics (e.g. positive skew, negative skews) that perform well in difference conditions (price, economic, etc.). Diversify across them to achieve higher risk adjusted returns. With that you can always lever your portfolio up and down to achieve your target volatility and ensuing returns.
     
    #10     Jan 12, 2021