What is your Trading Strategy?

[Budiharto]

possible to find brokers that dont ask for commission?

 

[Hendadda]

Getting to know and understand a trading strategy that is both safe and successful will not be easy for us and it will require a lot of efforts also

True, it is never easy to understand all strategies for trading so it's better to deeply research on one and stick to it before trying others. It is safe to understand every strategy you use to avoid being caught unawares and losing your money

 

[Nosero]

I think that we should not mix strategy with safety on this market. Each trading strategy have its own risks, and each can lead to lose deal from time to time. However, there are risk and capital management techniques which should be used to make your strategy safe

 

[RainbowRain]

I day trade using support and resistance levels, sloping trend lines and channels, as well as candlestick patterns and technical analysis figures.

 

[Aaron_0]

Scalping can be a rewarding strategy with quick profits, but it requires discipline and strong money management to succeed. It's crucial to cut losses quickly and stay focused on risk-to-reward ratios. While not holding trades overnight offers peace of mind, it demands constant attention and quick decision-making during market hours.

 

[RainbowRain]

While not holding trades overnight offers peace of mind, it demands constant attention and quick decision-making during market hours.

With this type of trading, it is also important to avoid overtrading, when some scalpers try to make very frequent trades throughout the day in order to earn faster and more. This often leads to rapid fatigue, loss of concentration and, as a result, to frequent mistakes and losses. Therefore, it is better to focus on the quality of trades, rather than their huge number, in order to earn more consistently and protect yourself from strong emotional and psychological stress when trading, which will only interfere.