Please my very good people! Can I be using one style and formula for all my trades and make profits. Is it possible? Or have to change style and formula in some areas/trades. Thank you and God bless for all the assistance you been rendering. You are all wonderful and excellent.
Of course; it’s possible; try to make a good trading skill on chart reading; it works on all kind of trading instruments!
it depends, cos if ur formula is only good on trending moves, then u gonna get slaughtered when price is consolidating. if u know how to identify the ranges and u can avoid the fake breaks that fool most people thinking they re switching to a trending move, then sure, i think it is very possible to just trade 1 particular setup and be profitable. altho that would require patience, but hey, as long as u have that, sky is the limit. cheers
any trading style can be useless if there is no money management , so we the traders have to emphasis on good money management.