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The Perfect Strategy?

  • #1
  • First Post: Dec 13, 2011 6:49am Dec 13, 2011 6:49am
Hi Guys, am just wondering.

It seems that every strategy that's sold from the internet are limited.

As it seems that no matter what strategy you use, there will be times when you see it went 20 - 50 or even 100 pips "Profits" if you did take the trade, but the strategy you are using did not trigger the buy or sell! And all you can do then is to wait........

Is it true that All strategy faces the same issue of not being able to catch all breakout, trend or 'spike'?

And where all traders face the same issue of watching some "profits" passed by but to wait for the 'signal' of the strategy one is using? Thanks.
  • #2
  • Dec 13, 2011 1:25pm Dec 13, 2011 1:25pm
Quoting dvc11
Hi Guys, am just wondering.

It seems that every strategy that's sold from the internet are limited.

As it seems that no matter what strategy you use, there will be times when you see it went 20 - 50 or even 100 pips "Profits" if you did take the trade, but the strategy you are using did not trigger the buy or sell! And all you can do then is to wait........

Is it true that All strategy faces the same issue of not being able to catch all breakout, trend or 'spike'?

And where all traders face the same issue of watching some "profits"...
you got a lot to learn if you are trading chasing profits, when one trades RISK REDUCTION FIRST, the profits come from the fact that your analysis was right, and you let it run.
AVT INVENIAM VIAM AVT FACIAM
  • #3
  • Dec 13, 2011 1:58pm Dec 13, 2011 1:58pm
Quoting dvc11
Hi Guys, am just wondering.

It seems that every strategy that's sold from the internet are limited.

As it seems that no matter what strategy you use, there will be times when you see it went 20 - 50 or even 100 pips "Profits" if you did take the trade, but the strategy you are using did not trigger the buy or sell! And all you can do then is to wait........

Is it true that All strategy faces the same issue of not being able to catch all breakout, trend or 'spike'?

And where all traders face the same issue of watching some "profits"...
In some circumstances it just takes still more experience to see it coming and in others you have to shrug it off because you can't plan for every contingency.

Most of my market approach is multi day-week-month trends, and sometimes I want to pull my hair out because there was a huge 200-pip single-day move that only a day trader could have gotten. But on the other hand, I get nice moves that have no setup and that a day trader couldn't have gotten, simply because I was already in the trend.
  • #4
  • Dec 14, 2011 6:54am Dec 14, 2011 6:54am
Quoting dvc11
Hi Guys, am just wondering.

It seems that every strategy that's sold from the internet are limited.

As it seems that no matter what strategy you use, there will be times when you see it went 20 - 50 or even 100 pips "Profits" if you did take the trade, but the strategy you are using did not trigger the buy or sell! And all you can do then is to wait........

Is it true that All strategy faces the same issue of not being able to catch all breakout, trend or 'spike'?

And where all traders face the same issue of watching some "profits" passed...
Your thinking is upside down.
Imagine trading FX like a great lake full of sharks. Lots of sharks. And your trying to do some surfing. The longer you stay in the water... well... bla, bla, bla.

When you become a professional trader you learn you can't surf those waters.

You can and you will catch some fish with a small boat. The only one you have.

Learn how to fish. Just small fishes - without being caught by the sharks and staying away from the big waves... remember that you're boat is small.
  • #5
  • Dec 14, 2011 2:54pm Dec 14, 2011 2:54pm
Trying to catch every signal is not easy, if next to impossible. There's no such thing as a perfect strategy..what you can do is learn to take in a few profits here and there instead of waiting for that huge spike that never comes about just when you're online..
  • #6
  • Last Post: Dec 19, 2011 12:05pm Dec 19, 2011 12:05pm
I think every strategy can be good for a while, anyway - market is changing each time, so strategy must change to follow the market.
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