It was very hard for me to answer this question... I'm demo-trading for more than six months till now, I've tried three different systems (all home-grown ), each of them turned out to be non-profitable ...
Then, I stopped using systems and started a discretionary way of trading... Everyday, I plot my lines and fibos, analyze my indicators, then decide the direction I'll trade,and await for the prey...
Not using a specific method for entries or exits as crossovers, mathematical formulas, rebounds, candle formation or anything else, I just trade depending on what I feel is most probable using any of the mentioned methods... At last, I'm gaining a decent amount of pips...
Do you think a defined system is better for the long run, or I can continue my way trading discretionarily???
Then, I stopped using systems and started a discretionary way of trading... Everyday, I plot my lines and fibos, analyze my indicators, then decide the direction I'll trade,and await for the prey...
Not using a specific method for entries or exits as crossovers, mathematical formulas, rebounds, candle formation or anything else, I just trade depending on what I feel is most probable using any of the mentioned methods... At last, I'm gaining a decent amount of pips...
Do you think a defined system is better for the long run, or I can continue my way trading discretionarily???