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Which Trading System Or Strategy Is The Most Profitable?

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I am not able to generate profit if any successful strategy, Indicator or tips you have, suggest to me.

 

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14 minutes ago, biglivetrade said:

I am not able to generate profit if any successful strategy, Indicator or tips you have, suggest to me.

 

Good question but unfortunately there is not an easy answer, it's the trader that needs to get profitable and so it's how you use a strategy or indicator that will determine if it will be profitable or not. The simplest and most common strategy is dip buying in a trend but even that is hard without a lot of practice. 

See this thread,  

 

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I have a tip but it's a closely guarded secret. A few people have got wind of it though so the secret is slowly leaking out....

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One that makes you the most money

 

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12 minutes ago, TheGuru12 said:

I have a tip but it's a closely guarded secret. A few people have got wind of it though so the secret is slowly leaking out....

 

At least you haven't got wind that is slowly leaking out :P

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The most profitable way to trade ... the evidence says you should buy and hold.  :(

 

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9 minutes ago, dmedin said:

The most profitable way to trade ... the evidence says you should buy and hold.  :(

That's the most truthful, honest opinion I've ever read on these forums, kudos 

 

  • Great! 1

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    • I think those swings were tradeable with a reduced position size on the Nikkei which tends to respect weekly pivots during European and American trading hours.
    • @dmedin, I don't know the answer but there may be others on the IG Community that are more knowledgable than me or even use EWT both successfully and are hugely profitable applying it. They may be aware of certain assets where the probabilities of using EWT are in their favour due to confirmed historical evidence. There may well be evidence that certain assets adhere to EWT more than others on a historical basis. Of course that does not guarantee that the assets will do so in the future but it just increases the odds and the likelihood of it occurring again.  Just because I don't have the knowledge or evidence does not mean such assets do not exist where the application of EWT would be greatly increase your chances of successful and profitable trades. I personally do not use or apply EWT to my trading and it has not hindered me. I would be interested in knowing which assets adhere to EWT more than others and what the percentages are. For example are there any assets which adhere to EWT historically over 70%? Let us put Natural Gas to one side for the moment as I personally think due to the extreme volatility you would have to be a supreme EWT technician to be able to consistently make profitable trades on Natural Gas using EWT. If you put NG to one side then are there any other assets which say adhere to EWT historically from say 50% - 70% of the time? I do not know the answer but if anyone does know then it would be very interesting and helpful to the IG Community, especially for those who are genuinely interested in EWT and applying it to their trading.  Also for those assets which say do adhere to EWT over 50% of the time how does a trader know that it will so on the next trend, next move up or down, etc? How does one establish apart from a failed trade after the event on whether the asset is going to adhere to EWT?
    • S&P has tested that trend line and is now blasting into outer space.  🥳
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