Which Trading System Or Strategy Is The Most Profitable?

Discussion in 'Forex Brokers' started by biglivetrade, Aug 19, 2019.

  1. I am not able to generate profit if any successful strategy, Indicator or tips you have, suggest to me.
     
  2. RedDuke

    RedDuke

    BLSH (buy low sell high)
     
  3. SteveM

    SteveM

    If QQQ closes today at a price higher than it closed at 200 days ago, and QQQ closes today at a 10 day lowest closing price, get long at today's close.

    Exit position once QQQ closes at 6 day highest closing price.
     
  4. trend2009

    trend2009

    you back-tested it?
     
  5. traider

    traider

    Listen to Dozu buy FAANG and hold forever
     
  6. speedo

    speedo

    You are not going to develop an robust trading system until you thoroughly understand price discovery and that only comes with many hours of unbiased observation. Markets change personality and if you don't understand how to make appropriate adjustments, performance will tank....even if you initially have something which "works".
     
  7. tomorton

    tomorton

    There isn't a magic potion you can use to make profits. What works for one trader will be a consistent loser for another.

    But there are common assumptions made by new traders who never become winners and if these are avoided it would certainly reduce the probability of early or dramatic wipe-out.

    I'd suggest new traders and struggling traders should avoid -
    day-trading
    trading reversals
    trading without a stop-loss
    averaging down
    risking more than 2% of their account capital per trade
     
    SteveH and tommcginnis like this.
  8. tommcginnis

    tommcginnis

    Search YouTube for "profitable trading system" -- if there are too many, add "for free."
     
  9. Handle123

    Handle123

  10. Bum

    Bum

    #10     Aug 19, 2019
    Aged Learner, tommcginnis and dozu888 like this.