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Old 01-16-2012, 07:09 AM   #17

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Re: Why Won't My Strategy Work?!?!

Always remember that the forex market comprises several exchanges; hence, always keeps this in your mind before creating a forex trading system routine as, here there are lots of differences between the forex market and other markets. Also, if you are new to the forex market and has been trading only in the stock market, you may not be wishing to get caught through any mistakes.
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Old 01-17-2012, 02:57 AM   #18

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Re: Why Won't My Strategy Work?!?!

Strategies fail:
Because they are not good. The most common reason which makes them fail is they can't adapt to the change in market behavior. If you test your strategy for only trending markets, it is obvious that you will fail when you trade in a ranging market

Because trader does not have the necessary knowledge or personality. Everybody can be a trader but being successful trader is totally different. If you don't have the nerves to trade your strategy, you will fail even if strategy works

Because you don't choose the right strategy. Knowing and applying that knowledge on the field are 2 different things. If your patience only allows you to scalp, then you will lose when you choose a strategy that works on larger time frames

Because you are dreaming to be rich without learning how to trade
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Old 02-08-2012, 05:35 AM   #19

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Re: Why Won't My Strategy Work?!?!

I think, Every traders should ask this question by themselves and try to find out solution for it. It will help them to avoid loss and make some profit during trading.
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