a good trader knows not a 1000 moves but 1000 iterations of 1 move

@amosglad01 - 5 months ago - Forex Trading Strategies

So, I see traders trying to learn every strategy and buy every course (course farmers) as if that would make them better. In the end they are still unprofitable. How about they just specialize and master one strategy or master how to trade one pair. What are your thoughts?

@maasai_princess - 5 months ago

I like this one, youre spitting gems!!! Keep posting more of these sir!

@kemi_allen_omevia - 5 months ago

But are you saying everyone should only know one strategy? how about the times when that strategy doesnt work?

@liam_calgary - 5 months ago

Quoted - kemi_allen_omevia

But are you saying everyone should only know one strategy? how about the times when that strategy doesnt work?

For some pairs the market basically does the same thing ecery day, just that it does it in different ways. Thats why its important to know the different ways the market is going to do the same thing

@kemi_allen_omevia

@headies25284 - 3 months ago

A trader who masters 1 strategy will always outperform a trader who half-learns 10.

Choose one setup, one pair, one style.

Journaling + refinement beats course collecting every time.

@headies25284 - 3 months ago

Quoted - headies25284

A trader who masters 1 strategy will always outperform a trader who half-learns 10.

Choose one setup, one pair, one style.

Journaling + refinement beats course collecting every time.

Course farmers stay unprofitable because they never choose a path long enough to become an expert.

A beginner thinks the goal is:

“Learn every strategy.”

A profitable trader knows the goal is:

Learn one setup so deeply that it becomes second nature.