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How many methods do you focus on?
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How many methods do you focus on?

  #1 (permalink)
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How many methods do you focus on?

Over these few months, I have came out with a few methods of trading which I feel are suitable for me. They require me to have more screen time for better execution and probably refinement.

I'm not quite sure if I should just focus on one of the method or try to work on all of them. All these methods require me to have full attention.

The answer seems obvious - I should focus on just one method for now. Then my question is which one?

Do you guys deploy multiple methods for your trading or you just focus on one?


Last edited by jonc; December 15th, 2010 at 03:50 AM.
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  #3 (permalink)
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I will say something weird: I have traded systems that are profitable that I didn't feel good trading.

Choose the one with the least indicators :-)

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choose one methode first

then get a master of this setup! and i mean a real master !

then you can decide if your masterstuff is enaugh or if you are interessted in adding another method / setup .

thats the way i use to handle that.

max-td
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MetalTrade View Post
I will say something weird: I have traded systems that are profitable that I didn't feel good trading.

Choose the one with the least indicators :-)

lol, all the methods only have moving average as indicators. They differ in the instruments, profit targets/stops, approach - scalping/ trending.


max-td View Post
choose one methode first

then get a master of this setup! and i mean a real master !

then you can decide if your masterstuff is enaugh or if you are interessted in adding another method / setup .

thats the way i use to handle that.

I am still undecided between 2 methods - one is scalping the other is trend following

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  #6 (permalink)
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jonc View Post
I am still undecided between 2 methods - one is scalping the other is trend following

What do you do if you have to choose between 2 girls ? And you have absolutely no clue which one ?

Right, go for the one with the biggest tits.

Same in trading IMHO.

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max-td View Post
choose one methode first

then get a master of this setup! and i mean a real master !

then you can decide if your masterstuff is enaugh or if you are interessted in adding another method / setup .

thats the way i use to handle that.

Could not have said it better. This is exactly how I started out. Filter out the noise from other indicators/systems/what people are saying and just focus on one setup at a time. Your confidence in trading will increase. Then integrate other setups into your routine.

Regards,
-C

“Strategy without tactics is the slowest route to victory. Tactics without strategy is the noise before defeat.” - Sun Tzu
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