Hi fellows, I'm an aspiring trader who's looking for answers... I've lurked the forum quite a bit, and also I send some PMs around in order to understand better who FX works, although everyone gave me their time answering my questions, I'd like to open up a thread in order to get more insights.
Plz help me to understand better because right now I'm feeling lost
I've see over an over again the same gist... " You have to find what works for you" or something like that.
I can't really understand how such statement could be true.
The market has its own rules, trader just can't find what work for them, they have to understand how market works... and once they do that, they have to exploit.
Of course, different traders, could have different strategies, but I can't see how many strategies can work at the same time...
Another question that bug my head is how a begginner could find its way into trading? Plz don't tell me that he have to follow some premade system because IMO, this isn't the way to trade. Follow a recipe isn't going to make you a good trader, understanding the market does.
In the stategies section, I can find 1000 systems, none of them have a solid fundamental reason imo, they are just a set of rules probably, made watching past events...
Since many of those systems (if not 100% of them) doesn't work, why people continue to follow them?
If you are going to ask me why I think so, well, if one trader have a winning strategy I believe he wouldn't make it pubblic and second reason is, if a strategy is a winning one, you could build an EA and simply take that trade over and over again, making you rich in a fer years... obv this is not that simple I guess
Ty for you time guys and sorry for the dumb questions
Plz help me to understand better because right now I'm feeling lost
I've see over an over again the same gist... " You have to find what works for you" or something like that.
I can't really understand how such statement could be true.
The market has its own rules, trader just can't find what work for them, they have to understand how market works... and once they do that, they have to exploit.
Of course, different traders, could have different strategies, but I can't see how many strategies can work at the same time...
Another question that bug my head is how a begginner could find its way into trading? Plz don't tell me that he have to follow some premade system because IMO, this isn't the way to trade. Follow a recipe isn't going to make you a good trader, understanding the market does.
In the stategies section, I can find 1000 systems, none of them have a solid fundamental reason imo, they are just a set of rules probably, made watching past events...
Since many of those systems (if not 100% of them) doesn't work, why people continue to follow them?
If you are going to ask me why I think so, well, if one trader have a winning strategy I believe he wouldn't make it pubblic and second reason is, if a strategy is a winning one, you could build an EA and simply take that trade over and over again, making you rich in a fer years... obv this is not that simple I guess
Ty for you time guys and sorry for the dumb questions