How do you come up with new strategies?

[vitadlmundo]

How do you come up with new strategies?

[Newbie_trader]

Usually, I come with a new trading style every time I fail to make money.

[AbdulShiek]

Usually, I come with a new trading style every time I fail to make money.

Same here! Trading experience is always the best teacher. I always come up with a new method every time failure kicks in.

[Mr. Cid]

Sad to say, I discover a new trading method when I make mistakes.

[syvellevy]

How do you come up with new strategies?

Trial and error. Instead of trying to come up with a strategy, make sure you understand everything about the market first. Go to babypips.com and do the entire course. Then keep failing until you understand why.

[alkeanAnidem]

You need facts and experience to develop a functional strategy.

[Newbie_trader]

You need facts and experience to develop a functional strategy.

Real-life experience is what we need to come with a new and effective trading method.

[tyntynfx]

How do you come up with new strategies?

In my opinion books would be a good place to start, I've read many of them but they keep repeating the same things over and over without offering valid real life methods.

[AbdulShiek]

In my opinion books would be a good place to start, I've read many of them but they keep repeating the same things over and over without offering valid real life methods.

However, all investments need real-life experience to check our trading capabilities to manage our trading account.

[Aya]

However, all investments need real-life experience to check our trading capabilities to manage our trading account.

I agree with you. We learn theories and concepts from books and other written materials. But the only way we can really learn the techniques in trading is if we do it personally. We have to experience it first-hand to know what works for us.