Sorry for not being able to reply or thank you for all your answers earlier. Theres been a while but THANK you all!
Kinda forgot about the forums until i recently googled something. But it have been over a year since i started this thread and i think it would be nice to kinda share my struggles and aha moments.
In short my absolute enemy was strategy jumping, I read somewhere that “THIS IS THE ONLY WAY TO MAKE MONEY IN FOREX” Then there’s hundreds of versions of that.
For me it went kinda like this
Price action is the only strategy that works, then I learned that its way too subjective where you actually put those support/resistance zones. This also applied for PA candles just personal thoughts that can vary.
Kinda sped trough most of the strategies on forexfactory, tried them out, went out for better every time without giving it a try, rarely back-tested those.
Then I went into the Fibs also there, way too subjective. Is THAT the swing high? Or wait is it this?
I did this also for many market theories wyckoff, elliot wave, supply and demand based strategies.
Then I went into maybe the worst of them all, the youtube loop and in those I chose to follow I first learned the content, then did research. From small “Holy grail channels” To larger rats like InnerCircleTrader, Anton Kreil etc etc. Please don’t argue with me about these channels I just dislike them based on research that you can find on your own.
I am today a profitable forex trader, was able to go from working full time to part time.
How did I get there? Well basically I said STOP to my self. Just pick a ******* stratergy and test it, tweak it, play around with it. This do not mean trade ma-crossovers with 20% of you account. A strategy includes risk management. What I do is trading with levels, time and momentum. I’ve indicators that puts these levels out for me instead of me manually placing them. Time, time is always time, time cannot lie. Momentum, An indicator that shows me strength.
There’s so many strategies out there. Even on this forum seriously you can pick any of many and trade them correctly with risk management and be profitable.