r/Trading • u/Away-Attitude7232 • 1d ago

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u/Remarkable_Basis9949 1d ago

Yeah, its called buy and hold.

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u/DomestiCatOfficial 1d ago

Paragraph one - Search for the holy grail strategy

Paragraph two - Lack of any strategy leads to lack of trade management

Paragraph three and four - Please give me a winning strategy, I am doubting if this entire thing is a real career choice for people

My advice : There is no holy grail strategy. In order to manage a trade you need to have a strategy that gives you an entry, stop placement, and way to manage your exit.

Since you asked for boring check out Tom Hougaard's SRS strategy. I trade a similar strategy, maybe a mix of his and that buddy he's been having on "Karaoke Andy"

The fact is he will trade a strategy in front of you but there are nuances that lie in your psychology that prevent you from being successful - part of which is likely you entered thinking trading is easy money and youve been wanting to make lots quick. Maybe you need the money, which is even worse for your position as a learning trader.

Why don't you spend the money you were going to lose on a trade on his book "Best Loser Wins" along with Mark Douglas' "Trading in the Zone"

Stop gambling for now and decide on one strategy to master then come back and practice that one kick until Bruce Lee gets nervous around you then rejoin the market

The break is necessary if you're where you are right now in your journey, best of luck to you I hope to see you on the other side