Creating a trading Strategy

SIMPLICITY

Trading is improved by simplicity because the more complexity you add to your system, the more unknown factors you have to resolve each time you roll the dice. Trading is about repetition and averaging winnings with losers. The most important factor in trading is having one single pattern you master. One pattern that you know when it starts and where it ends.

REPETITION

You will feel confident once you have spent months or years repeating the same pattern over and over again, day after day. After a long period exposing yourself to the same asset class (preferably one single instrument and one single timeframe), you will start to interiorize what you see on your charts or your trading platform, whatever kind it is, and intuitively will recognize your valid set-ups. And you will also be aware of when your setup is invalidated by an unexpected change in the market structure and you need to cancel a trade anticipatedly. Months or more often years are required to complete this stage.

This is unrelated to the topic of your thread. If you say repetition I thought you would say a strategy has to be repeatable. If you spend months doing the wrong thing for example, it wont make it right.

Pls read well. My thread is emphasizing on how to create a strategy. Repetition is part cos if the pattern you have studied cannot be repeatedly seen then it’s not one to stick with.