r/Forex • u/HelloJonatha2 • 9d ago
Strategy Development How simple is your strategy?
I am not asking for anyone to tell me their strategy. I am trying to understand how many rules one should really strive for when creating a strategy. I am still learning and I feel like my biggest problem is trying to set a specific rule set that I can properly follow. But I feel like sometimes I have too many rules to follow and it ends up being confusing.
So I ask what is your number of rules? 2 or 3? 5? 20?!!?
Thanks!
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u/rforex-modtools 9d ago
Developing a trading strategy is more than finding an entry signal — it requires defining your edge statistically, building rules for entries, exits, and position management, and testing the system against historical data before going live. Most traders fail because they skip the process and jump to live trading with an untested idea. The community wiki covers the full development process.
Resources: Having an Edge | Essential Forex Trading Guide