How many strategies does one need? - Page 2
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Thread: How many strategies does one need?

  1. #11
    How egies does one need?

    If you'd asked me, I would have stated a lot of egies you need to know, several egies should be used.
    The egies selected for a specific time and resources.
    Success in trading all.

  2. #12
    Quote Originally Posted by ;
    PT, that isn't true. Price can do those things all . Pair is in an uptrend and price breaks out to the downside past the last higher non (breakout). Can it be a retracement? Is it a change? We do not know. Its may turn into a change and definitely a retracement. So we have a breakout - we have a retracement - . I would say to build systems around trend and range.
    Hi,

    all of those three choices only may be whitnessed in hindsight, else trading could be a bit too easy

    but thats not the point,

    should you see a certain level price either breaks that level or reverses at the level, so according to your plan (if you have one) un watch for certain indiions in order to anticiapte and position yourself for a change or a breakout, thats it.

    Same for retracements for example following a breakout, or inside a trend, ie. let price come to you . . etc.. .

  3. #13
    You only need one which you grow and also to make it your own.

    If you copy someone you will never be the best copy there's, you will always be 2nd.

    If you LEARN and make it your personal and develop, Nobody can prevent you

    Joyful Pipping

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