Want to learn about strategy

I learned those from poker , well i want a step by step formula to play even if its not a winning one , if the best have only 2% edge then i can imagine it must be quite hard to create an edge. From my experience if you have a starting point you can learn from this how things work out , it might make books even easier to read. I recall reading a book about a strategy where you used RSI i think? you made a trade based on a condition o n the chart , it was fun but i forgot about it , damn i want to make my first trade and complete it optimally :S

 

why do you ask?

 

Not sure where the "2% edge" came from but if I only had a 2% edge, I would go into wood working.

 

Don't look for an 'edge', per se...like it's some sort of mystical, magical, divine light thing in a movie
But instead just gain and hone your experience. -- and from there, it will all kind of start to make sense...the pieces of the puzzle will all start to make sense visually and logically...on how to succeed in this game.

...but when you do (of if) finally find your edge/Skill/experience...it will feel so divine,

 

good i will check out this book , do you have other *core* books to suggest? why does it take so long to become a trader? what is it so difficult about it? theory behind strategies? chart reading? something else?

 

It takes time before you can read patterns real time. I would recommend using at least two time frames for reference. It also takes time to be able to tell what is actually there and not what you thing may be there. Once you can read charts, you will have to develop a viable trade plan and test it. Once that is done you will likely have to adapt your behavior to do what you need to do with great consistency. It is a profession like other skilled profession....it takes time and effort. I can recommend Joe Ross's books for trading strategies.

 

Wach80 is trying very hard to come across as ignorant...something not right.

 

Everybody can't be Surf...can they?

 

I get it now thanks , so since you dont suggest other books then the John Murphy book will be a great deal about this stuff ig uess? i will try to study it carefully then , i know there are billions of indications and stuff like that and fundamental data , damn i dont even remember the one i learned the RSI one let alone much more than this , i guess even if it was possible to copy a pattern it wouldnt make sense if i didnt know anything about it , after all the goal is to be a trader and knowledge is neccesary. I guess you are the technical type? How many indications do you use on your strategy?

 

Im not trying hard , im ignorant but not totally i read some stuff about trading before a year or so but then i was to busy to continue.