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.
 

HeavLeighG

Active Member
Have you tried YouTube? There are a ton of helpful channels there and a lot of info you could compare about strategies.
 

LuckyMac

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:

Very true i think everyone has there own version of strategies they have learned. Lots of places to start but you very rarely trade the same as any other trader
 

sebking1986

Active Member
BabyPips to get started and learning ideas for strategies and get practicing. You need to get an idea of the sort of trader you want to be. From there you can specify your strategy and hone it.
 
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