The Importance of a Precise Trading Strategy

213 views · Published 28 December 2015 · 1:27 · Indexed 27 September 2026

Channel: Etienne Crete - Desire To TRADE · 2015 · Education

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In my opinion, one of the common reason for confusion and uncertainty among aspiring traders is the lack of precision when it comes to the definition of a trading strategy. 

After discussing with several traders and asking them what they were trading, I came to realize that most new and struggling Forex traders have a strategy that they will be able to rely on only 30% of the time (rough estimate).

The main reason for that is that the market never acts like what you see in trading courses and lessons. Coaches will often train traders to recognize setups and will use the perfect example on a training document. However, once the trader gets on the real market, he’ll be asked to distinguish a good from a bad setup.

Check out the full article: http://www.desiretotrade.com/precise-trading-strategy/

Disclaimer: This videos express my personal opinions. Make sure you are ready to trade. Even this will not guarantee you positive results. I am not responsible for any losses incurred due to your trading.

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