Which is the best strategy for you ?

This is a discussion on Which is the best strategy for you ? within the General Trading Chat forums, part of the To Be Sorted category; I've only had the forex account up and running this week so small up but lets call that beginners luck! ...

View Poll Results: Which is the best strategy for you ?
Entering after the pullback ( go with the trend either long or short ) 29 50.00%
Trying to pick bottoms and tops ( reversal ) 12 20.69%
Playing breakouts ( breaking critical points ) 17 29.31%
Voters: 58. You may not vote on this poll

Reply
 
LinkBack Thread Tools Search this Thread
Old Nov 4, 2008, 2:45pm   #17
Legendary Member
 
foredog's Avatar
 
Member Since Oct 2007
Default Re: Which is the best strategy for you ?

I've only had the forex account up and running this week so small up but lets call that beginners luck!

i worked in the city for about 8 years so i had a grounding in stocks so i stick to what i know, but i usually have a few stocks i watch and add a few more to the list that are making new highs/lows in the day, basically trying to find the ones that move.

I do like the DIBS method, it's simple and so obvious that you almost feel its too easy to work, some of the time you're taking a hit but mostly your wins should more than make up for your losses.

And

it should really work in any market, Indices, FX, Oil, Gold etc

maybe a few more for the demo account once i'm confident with cable!
__________________
IF IN DOUBT GET THE **** OUT!

No need for a course http://www.trade2win.com/boards/gene...tml#post707344

Simple cable system http://simpledibs.blogspot.com/ http://www.trade2win.com/boards/trad...side-bars.html
foredog is offline   Reply With Quote
Old Nov 4, 2008, 3:27pm   #18
Senior Member
 
skelly22's Avatar
 
Member Since Feb 2008
Default Re: Which is the best strategy for you ?

Quote:
Originally Posted by foredog View Post
I've only had the forex account up and running this week so small up but lets call that beginners luck!

i worked in the city for about 8 years so i had a grounding in stocks so i stick to what i know, but i usually have a few stocks i watch and add a few more to the list that are making new highs/lows in the day, basically trying to find the ones that move.

I do like the DIBS method, it's simple and so obvious that you almost feel its too easy to work, some of the time you're taking a hit but mostly your wins should more than make up for your losses.

And

it should really work in any market, Indices, FX, Oil, Gold etc

maybe a few more for the demo account once i'm confident with cable!
Ya its really is simple but good. I havent tried it on other markets but think il try some demo's like yourself. the hardest part by far is exits, and ofcourse not exiting being the main thing! Good pip'n!

Shane
skelly22 is offline   Reply With Quote
Old Nov 6, 2008, 7:50am   #19
New Member
 
edwinraymond's Avatar
 
Member Since Apr 2006
Default Re: Which is the best strategy for you ?

I like using price breaks! and patterns but i also using a filter so i dont get caught in head fakes or flase break out. You can use the trend and reveral bars but i guess it comes down to timing! Or having too many indicators
edwinraymond is offline   Reply With Quote
Old Jan 18, 2009, 3:58pm   #20
tar
Legendary Member
 
tar's Avatar
 
Member Since Nov 2006
Default Re: Which is the best strategy for you ?

tar started this thread update .....
__________________
I detect a snake oil salesman from a mile away !
tar is offline   Reply With Quote
Old Jan 19, 2009, 12:29am   #21
Legendary Member
 
N Rothschild's Avatar
 
Member Since Oct 2008
Default Re: Which is the best strategy for you ?

i pick bottoms i love the stench on my fingers and under my nails
__________________
"Let me issue and control a nation's money and I care not who writes the laws." Mayer Amschel Rothschild

Bullsh!t, Bearsh!t all smells the same to me!

"It is not cheap to develop automated systems , mine already cost over $1m. " oildaytrader
N Rothschild is offline   Reply With Quote
Old Jan 19, 2009, 4:12am   #22
tar
Legendary Member
 
tar's Avatar
 
Member Since Nov 2006
Default Re: Which is the best strategy for you ?

tar started this thread most traders choose the pullback choice in the poll ,, how we know this is a pullback not a reversal ...
__________________
I detect a snake oil salesman from a mile away !
tar is offline   Reply With Quote
Old Jan 19, 2009, 7:30am   #23
Senior Member
 
iceman17's Avatar
 
Member Since Feb 2008
Default Re: Which is the best strategy for you ?

Quote:
Originally Posted by BSD View Post
Hi BSD, do you use this strategy mainly on a specific security or is just as probable for all of them?

Iceman
iceman17 is offline   Reply With Quote
Old Jan 19, 2009, 8:25am   #24
Legendary Member
 
foredog's Avatar
 
Member Since Oct 2007
Default Re: Which is the best strategy for you ?

It should work with any instrument, although it may work better on different time frames depending on your chosen instrument
__________________
IF IN DOUBT GET THE **** OUT!

No need for a course http://www.trade2win.com/boards/gene...tml#post707344

Simple cable system http://simpledibs.blogspot.com/ http://www.trade2win.com/boards/trad...side-bars.html
foredog is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search


Similar Threads
Thread Thread Starter Forum Replies Last Post
Which strategy... victoria593 First Steps 2 May 19, 2008 7:29am
Strategy Lab fazalv Trading Systems 4 Feb 21, 2008 11:13pm
New strategy snimhuj Technical Analysis 3 Jun 7, 2006 5:23am
My Strategy fernanj Discretionary Trading 2 Dec 11, 2002 3:32am