How having a strong strategy leads to Holy Grail trading
The Holy Grail is something that is often spoken of
“A method to grasp the heavens and the earth,” “A way to know the trend market at a glance,” “A way to know the end of a ranged market,”
is not such a thing
First, if such a thing existed
it would be completely countered by automated trading measures and would disappear from the market
Even a psychic wouldn’t be able to reproduce such things
So how can one continue to profit?
The answer is to completely “keep refining the strategy you are good at”
In other words, to “focus on one thing”
For example, in mixed martial arts
What you are thinking
is not the same as the elites who have trained for a long time
If you are aiming to fight now
it might feel completely too late
But here you switch to a completely specialized strategy
That is, whether it is a counter-type or a kick-focused approach
If your physical condition also matches, it becomes powerful
In the end, the FX market too
If technicals and psychology mesh well
whether you are a trend follower or a contrarian isn’t much of a difference
If you can internalize all strategies
you could become quite successful as a trader, but
only an intermediate or higher level person can transcend that
Being a trader does not mean you have equal experience
In other words, talent matters
If so, many traders cannot compete
Therefore, to break through the current situation where you cannot compete
you must specialize your strategy
There are people who are good at trend-following strategies
There are people who are good at mean-reversion averaging-up strategies
Also, the trading strategy you think you are good at
may actually be a method you are not suited for
Reflections in a trading journal and the like
are for discovering how well that trading method fits you
To pursue the Holy Grail of trading
you must specialize your strategy and also verify whether it is the strategy you are good at
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