They are right, probably using an EA would only delay me to learn to make better decisions for myself.Even so, I want to continue exploring all possible tools.Maybe try a demo to see how I feel with them.
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They are right, probably using an EA would only delay me to learn to make better decisions for myself.Even so, I want to continue exploring all possible tools.Maybe try a demo to see how I feel with them.
Trying in demo is always a good idea.What works you, keeps that.But never let a tool or strategy make you dependent.In this business, flexibility is the key.
Trading is about adapting.There is no magic formula, and what works today may not work tomorrow.If you use an EA, remember that you should always be ready to intervene when necessary.Don't relax too much.
I am definitely realizing that trading is more art than science.There are so many variables that change all the time that you cannot trust a single strategy or system.I will continue working on my flexibility as a trader.
Exact!That is the right mentality.Most traders seek "the" winning strategy, but do not understand that the most important thing is to adapt and be constant.If you continue like this, you will see that little by little you will begin to improve.
Do not fool yourself thinking that everything is flexibility.Yes, you have to adapt, but it is also necessary to have discipline.If you are changing strategy every week, you will never know what it works and what does not.Find a balance.
You are right, balance is important.I don't want to be changing strategy all the time, but I don't want to be rigid either and not adapt when necessary.It is a challenge, but I will achieve it with more practice.
In the end, what will keep you in the game is the discipline.All successful traders have clear rules and follow them regardless of what.Yes, you have to adapt, but you should never abandon your risk management and trading principles.
And speaking of risk management, do you already have a solid plan for that?If you don't know how much you are willing to lose in each operation, no matter how good your strategy is, eventually you will burn yourself.
I am working on my risk management plan.Before I operated without thinking about how much I was willing to lose, and now I realize that this was my biggest mistake.I am establishing clear limits for each operation.