As I've been saying for years, all strategies have potential. You just have the patience to stick with it until you discover the real beauty of the strategy. If you keep jumping from one strategy to another to gain knowledge, you become a Jack-of-all-Trades but master of none. A "Walking Dead", the term I use for traders who know everything about Forex Trading except for being a consistently profitable. No matter what the reasons for gaining too much knowledge about Forex Trading are all negligible if you don't know how to profit. PERIOD. No excuses are required :).
It's all been said everywhere over and over, for a strategy to become a GOOD one, the trader should have a clear mind on doing it. A trader should have a clear idea of what he is doing on each step of the strategy. If you do a strategy BLINDLY by just following what you have read from books, internet, seminars or heard from other traders or mentors, everything becomes useless and pointless. That part can not be just learned from books or mentors. It's a behavior issue. You've got to dig deeper. As I've been saying for years, the Forex Market is not a two-dimensional thingy of ups and downs, or ranging and trending of the prices. It's a multi-dimensional world. Once you discover one dimension, finding others will become easy. You can scalp. You can do trend following. You can use fundamental analysis. You can also do with Technical Analysis. You can trade with Stop-Loss or without it. You can trade with small lotsizes or big lotsizes. You do risky tactics that most traders are against at, like Martingale.
For this reason, you also just have to respect other traders and most important is RESPECT their strategies. Your strategies may be working for you because you discover it yourself. Don't impose everyone to like your methods if they don't like it. They may have discovered something that you don't know and work well with them. If you are wasting your energy proving to everyone that your strategies are the best strategies in the world, then you may consider to re-assess about the way you think and your behavior. Don't grind your mind to come up with the best words to say toprove your point. COLLABORATION is the name of the game. No one is truly a self-sufficient on anything. Ego won't take you anywhere.
Live a happy life :)
So what is the best strategy in the world and who is the best trader of all? The answer is NONE.
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