The best simple trading system for an almost beginner - Page 3
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Thread: The best simple trading system for an almost beginner

  1. #21
    I think you should start with a price action approach.Learn to identify patterns in candles and how prices react at key levels.It is a powerful method because it allows you to understand the market in a more intuitive way, without depending on indicators that can be confused or delayed.

  2. #22
    Do not waste time looking for "the best system."What works for others may not work for you.Find a method that adjusts to your style and personality.Trading is more a psychological game than technical.If you are not comfortable with your strategy, no matter how good it is, you will fail.

  3. #23
    Quoting "finds a method that fits your style and personality."That makes sense.I think I've been trying to follow what others say it works without considering whether it is suitable for me.I will take the time to try different approaches and see which one feels more natural.Thanks for the advice.

  4. #24
    A good practice for beginners is to focus on a single couple of currencies.So you can learn their patterns and behavior without disperse too much.The EUR/USD is a good starting point, since it has high liquidity and relatively predictable movements.

  5. #25
    I have always thought that less is more about trading.Use clean graphics with few tools.Sometimes, a simple support or resistance line can be more effective than five indicators together.If the graph looks like a rainbow, you are probably complicating something that should be simple.

  6. #26
    Quoting "less is more in trading."I am definitely learning that.I used to fill my graphics with indicators and ended up more confused than before.I will simplify my approach and concentrate on the essential.Thanks for pointing it out.

  7. #27
    Do not underestimate the power to practice with a trading diary.Record each operation: what did you do well, what went wrong and how you felt.Over time, you will identify patterns in your behavior that will help you improve faster than any system.

  8. #28
    Trading is not just about finding the best system;It's about finding the right mentality.Patience and discipline are more important than any strategy.If you can control your emotions, you will be one step ahead of most traders, regardless of the system you use.

  9. #29
    Quoting "patience and discipline are more important than any strategy."It is a reminder that I needed.I have realized that many of my losses in the past were due to impulsivity, not because of a bad strategy.I will work in my psychology and be more disciplined.Thanks for sharing your experience.

  10. #30
    A simple system based on mobile socks and trend lines is an excellent way to start.It is easy to understand and flexible enough to adapt to different market conditions.But don't forget that no strategy is perfect.Learn to accept losses as part of the process.

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