Combining Strategies for Optimal Trading

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dan.byteMember
Posts: 7 · Reputation: 148
#1Nov 10, 2021, 04:46 PM
Some folks think the top trading strategy is SMC. Others are all about support and resistance. Then you got those who swear by liquidity concepts, RMC, trend lines, or Fibonacci... the list goes on. But have you ever thought about mixing them all up? Picture this: when everything clicks together with just one simple action, you’ve got yourself a killer setup. Sure, it might sound overwhelming, but think about a scenario where the market sweeps liquidity (Liquidity Concept), is testing the golden zone of the Fibonacci retracement tool (Fibonacci), fills a fair value gap and order block ready to bounce back (SMC), and also bounces off a strong support level (support and resistance). That’s a setup that’s got a high chance of success. Then just pick a solid lot size and watch the profits roll in. Just keep in mind, don’t pick stress over success.
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k3vin4peSenior Member
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#2Nov 10, 2021, 08:42 PM
Well said, easy said but believe me, for an average traders, it's easier said than done.  When you speak of the SMC you know it's usually said that such strategy is used by the big banks who are trading with millions of dollars but actually the SMC encompasses the supply and demand strategy and also the price action,  I know those guys doesn't just use one of those strategy because if so, everybody will be familiar with the concept and there will never be any losses for traders. In essence, you can still know those know those strategies and yet experience losses due to lack of self principles in trading.
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alex.shardLegendary
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#3Nov 11, 2021, 12:52 AM
One of my best strategy is averaging but coupled with some indicators. This may not be a good idea to some traders because this can make them become emotional and use martingale which is very dangerous in trading. If I start with 0.25x, I will make sure I do not go more than 1x for altcoins while 2.5 to 5x for bitcoin.
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the_defiFull Member
Posts: 129 · Reputation: 383
#4Nov 11, 2021, 06:30 AM
Hmm, a trader should be the master of his emotions and well-said buddy when all of these species come together a crazy dish get its shape but honestly, its really complicated, and mastery is of turning complexity into simplicity. Sticking to the plan can be a good strategy for emotional control but if think what we are talking about here is idle for everyone is not realistic. A1 setup sounds great but the reality is something else its like putting the water of the whole ocean in a cup.
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bridge100Senior Member
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#5Nov 11, 2021, 08:54 AM
Not really, that doesn't really work together that way, but that doesn't change the fact that we are going to end up with bad results all the time. I believe the best we can move forward is just holding and that's the best way to move forward for someone to do better profits as well. I think we will face some issues on the long term and getting a greater profit as well, that can't be a problem for people to have all of this hit the same time and that's the important part. I believe we need to consider this to be a risky business, and just hold long term as a good alternative. If you can hold long term, you are not going to end up with anything bad at all, you are going to get a good return one way or another.
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block2015Full Member
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#6Nov 11, 2021, 11:00 AM
I'm just hoping you are aware there's no holy grill in trading, somethings can work for you today and tomorrow it may not be working again like it has done all the while so you cannot be too sure and say that there's a particular strategy that stands out as the best in the world but there are many others who has got some other strategy that is perceived to be very profitable and gives them some good profit over a period of time after which they later got some losses with same strategy, so a strategy can fail and the other time gives you a win, so there's actually nothing  like the best strategy in the world.
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gas42Full Member
Posts: 130 · Reputation: 605
#7Nov 11, 2021, 12:23 PM
Totally depends on you. Why? Each trader will really be having its own preference or choice when it comes into those strategies that they could be able to see or discover. You are the ones who will really be making up some mixing in between indicators on which you do see out that it will really be that effective into your trading on which everything will really be that on different situation when it comes to this one. Best strategy doesnt exist because you are the ones who will really be making it out and not everyone will really be using up on the same strategies which are currently available. Bare in mind that the market does have that different market situation or condition on which strategies will really be having that different variation so you will really be using up on different things as well. Adjustments will really be done on which it will really be that basing up in accordance into your knowledge and skills on which this one differs on each person because we do know that when it comes into this aspect people will really be having their different approach and actions. Tons of things that will really be able to affect your trading actions on which basing up into different factors that you will really be able to encounter along the way. So therefore, it will really be basing up on this case.
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