Dego wrote: Sat Jan 15, 2022 10:57 pm
Is anyone consistently profitable using this forum? There are thousand of indicators available and every day there even more versions of indicators (which we and I are gratefull) . There is a lot of different strategies available.
But let me ask you, is anyone truly longterm profitable using what this forum offers?
Profitable or not is depends on your own strategy and your trading discipline, and of course risk management.
You can't simply use 1 indicator and follow the signal blindly, you have to also aware the trading timing, and don't over trade.
You have to create a strategy which is suitable for yourself. Every person have their own strategy which is really suitable for their own, but may not suitable to you, so if you force yourself to use that strategy , you might not profitable in the long run.
You have to choose which kind of strategy you would like to use, like reversal (support resistances) ? or trend following/continuation/pullback ? or breakout ? Once you find your main structure, then go and find some indicators to build your system.
And yes, you can find really useful indicators in forex station.
You may have a high probabilities trading system, but without discipline, you definitely can't be profitable in the long run.