How to Choose the Right Trading Strategy for Your Personality

Which Forex strategy to choose

Starting to trade manually, a forex trader faces the question: "Which strategy should I trade with?" Choosing a suitable strategy is not easy; I am quite often asked to suggest "some profitable system." There is no single and simple answer to this question, so how do you choose a Forex trading strategy that is right for you?

OK. First of all, we need to decide when we are going to trade. After all, not everyone has 24 hours of free time a day: some study, some work, and so on. Of course, there are mobile terminals for smartphones that allow you to trade while away from home, but again, not every job gives you the chance to use a gadget whenever you feel like it. By the way, we will look at mobile trading separately some other time.

So, you need to decide at what time and in what mode you will be able to trade, and choose a suitable timeframe for yourself. Those who can check the charts only once a day in the evening will find daily charts suitable; for them, on the blog pages, we reviewed the rather interesting Forex Gambit strategy. And if you have a bit more time for trading in your schedule (I will tell you a secret: many office workers use remote access to their home computer to trade from the workplace; it is still better than playing "solitaire" and "Lines" ;) ), then you can use strategies for trading on the H4, H1, M30, and lower timeframes. You can even switch to ultra-fast trading using a tick chart, as in the Forex Speedometer strategy, although that requires strong nerves and a good reaction. There are also universal strategies that can be used on any timeframe, such as the Rubicon indicator, the PaintBar Forex trading system, and the EMA Step System strategy.

Let us assume we have decided on the time for trading, so which strategy should we use, since there are so many of them?

First of all, it is worth noting that two different traders trading the exact same system can have completely opposite results. What causes that? First, the emotional component: one person may be disciplined, while another may not be. Real-time trading often differs greatly from testing a strategy on historical data. Second, everyone inevitably brings at least small changes into the system they use: some enter or exit a little earlier or later, some look at higher timeframes, while others do not. Many add their own filters, trade only at a certain time, and so on. The list could go on for a long time, but the point is that success with a strategy depends considerably on the trader's qualities and experience. That is why you can very often come across completely opposite reviews of the same mechanical trading system.

When choosing a strategy, just as when choosing a car or a life partner, you should be guided by your personal preferences. As you study a system, ask yourself: do you like it? Will you feel comfortable and confident trading this strategy? After all, if you are not confident in the system, then after the very first losing trade, which is unavoidable in trading, you will start to doubt, skip signals that could have led to profit, distort the trading system's rules, and so on. You must feel confidence in the system; it should suit your temperament: would you rather hold one position for several days, or open and close many small orders over the same period?

The strategy should also match your beliefs: martingale, for example, has many opponents, but it also has many supporters. Some believe that trading on one-minute charts is impossible; others will argue the opposite until they are hoarse.

There is also the option where you take only individual elements you like from a system (some indicator or method of analysis) and, by keeping the best parts, gradually build your own methodology. We will talk about creating your own strategy "from scratch" some other time; subscribe via RSS or Twitter to stay up to date with the latest blog updates.

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Ok. Prezhde vsego nam nuzhno opredelitsya kogda my budem torgovat. Ved ne u kazhdogo est 24 chasa v sutki svobodnogo vremeni: kto-to uchitsya, kto-to rabotaet i t.d. Konechno est mobilnye terminaly dlya smartfonov, kotorye pozvolyayut vesti torgovlyu, nakhodyas vne doma, no opyat zhe ne na vsyakoy rabote est vozmozhnost ispolzovat gadzhet kogda vzdumaetsya. Kstati, mobilnuyu torgovlyu my kak-nibud rassmotrim v otdelnom materiale.

Itak vy dolzhny opredelitsya v kakoe vremya, v kakom rezhime vy smozhete torgovat i vybrat dlya sebya podkhodyashchiy taymfreym. Tem, u kogo est vozmozhnost proveryat grafiki tolko raz v sutki vecherom, podoydut dnevnye grafiki, dlya nikh na stranitsakh bloga my razbirali dovolno interesnuyu strategiyu Forex Gambit. Nu, a esli vremeni dlya torgovli v vashem raspisanii neskolko bolshe (skazhu po sekretu, mnogie ofisnye rabotniki ispolzuyut udalennyy dostup k domashnemu kompyuteru, chtoby torgovat na rabochem meste, vse luchshe chem igrat v "kosynku" i "lines" ;) ), to vy mozhete ispolzovat strategii dlya torgovli na taymfreymakh H4, H1, M30 i nizhe. Mozhno dazhe voobshche pereklyuchitsya na sverkhbystruyu torgovlyu s ispolzovaniem tikovogo grafika, kak v strategii Forex Speedometer, khotya eto trebuet krepkikh nervov i khoroshey reaktsii. Sushchestvuyut i universalnye strategii, kotorye mozhno ispolzovat na lyubom taymfreyme, takie kak indikator Rubicontorgovaya sistema PaintBar Forex i strategiya EMA Step System.

Dopustim, s vremenem dlya torgovli my opredelilis, tak kakuyu zhe strategiyu ispolzovat, ved ikh tak mnogo?

Prezhde vsego, stoit otmetit, chto u dvukh raznykh treyderov, torguyushchikh po odnoy i toy zhe sisteme, mogut byt sovershenno protivopozhnye rezultaty. S chem eto svyazano? Vo-pervykh s emotsionalnoy sostavlyayushchey: odin chelovek mozhet byt distsiplinirovan, a drugoy ne ochen. Torgovlya v realnom vremeni zachastuyu silno otlichaetsya ot proverki strategii na istorii. Vo–vtorykh, kazhdyy nevolno privnosit v ispolzuemuyu sistemu pust nebolshie, no izmeneniya: kto-to vkhodit/vykhodit chut ranshe/pozzhe, kto-to poglyadyvaet na starshie taymfreymy, a kto-to net. Mnogie dobavlyayut svoi filtry, torguyut tolko v opredelennoe vremya i t.d. i t.p. Spisok mozhno prodolzhat dolgo, no smysl v tom, chto uspekh v rabote so strategiey nemalo zavisit ot kachestv i opyta treydera. Imenno poetomu ochen chasto mozhno vstretit krayne protivopolozhnye otzyvy o kakoy-libo MTS.

Pri vybore strategii, kak i pri vybore avtomobilya ili sputnika zhizni, stoit rukovodstvovatsya imenno lichnymi predpochteniyami. Izuchaya tu ili inuyu sistemu, sprosite sebya : nravitsya li ona vam? Budete li vy chuvstvovat sebya komfortno i uverenno, torguya po etoy strategii? Ved esli u vas net uvennosti v sisteme, uzhe posle pervoy ubytochnoy sdelki, bez kotorykh nikak ne oboytis v treydinge, vy nachnete somnevatsya, propuskat signaly, kotorye mogli privesti k pribyli, iskazhat pravila TS i t.d. Vy dolzhny chuvstvovat uverennost v sisteme, ona dolzhna podkhodit vashemu temperamentu: derzhat odnu pozitsiyu neskolko dney ili otkryt/zakryt mnozhestvo nebolshikh orderov za eto zhe vremya?

Strategiya takzhe dolzhna sootvetstvovat i vashim ubezhdeniyam,-u togo zhe martingeyla mnogo protivnikov, no mnogo i priverzhentsev. Kto-to schitaet, chto torgovat na minutnykh grafikakh nevozmozhno, drugie do khripoty budut dokazyvat obratnoe.

Vozmozhen i variant, kogda vy berete ot sistemy tolko otdelnye ponravivshiesya elementy (kakoy-to indikator ili metod analiza) i takim obrazom, ostavlyaya luchshee, so vremenem konstruiruete svoyu sobstvennuyu metodiku. O sozdanii svoey sobstvennoy strategii «s nulya» my pogovorim kak–nibud v drugoy raz, podpishites cherez rss ili twitter, chtoby byt v kurse poslednikh obnovleniy bloga.

Starting to trade manually, a forex trader faces the question: "Which strategy should I trade with?