Where is the best place to learn how to create a trading strategy ?

FTMO Trader Scouting

jack

Administrator
Staff member
Consider the free material that Adam Grimes put out on this MarketLifeTraidng website.

The key thing is: Don't expect to be fed a working strategy. Expect to learn the process of how to develop your own. Anyone or any website trying to 'sell' you on a strategy alone is just trying to get your money or attention.

Also, if you haven't already, go through some of the material on the /r/forex wiki:
 

Akwin

Active Member
What the title says.
(I'm new to this, sorry if it's a dumb question :D)
I am new to trading too, but from what I read, I can tell you that :
  • Having a plan is essential for achieving trading success.
  • A trading plan should be written in stone, but is subject to reevaluation and can be adjusted along with changing market conditions.
  • A solid trading plan considers the trader's personal style and goals.
  • Knowing when to exit a trade is just as important as knowing when to enter the position.
  • Stop-loss prices and profit targets should be added to the trading plan to identify specific exit points for each trade.
 
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