DELSU MTL COMMUNITY

Frankly speaking the whole stuff just tire me.... from the look of things is like I will just wait till next week to start again.

Of course

You have to treat it like a business

Trading is not just some side hustle you jump into and leave and come back to again 😂

People quit their jobs for trading 😂

Most times I think the reason most people are unprofitable is because they take it casually and not treat it like an enterprise that it is

The big banks, financial entities treat it like a business so why shouldn't we?

I feel we need to own it like a business, that's why you would be so concerned about managing your risks, capital and everything about it.

Quick question

How do you guys pick a strategy

Do you just test every strategy and then pick the one that works or is there something else

And also what's the best strategy a beginner can use

To me I don't think so .

Ok, picking a strategy is sth that's unique to every trader regardless of whether trade a generally used model like SMC, ICT or other models

What most traders do when developing a strategy is that they look for unique characteristics of the market which when identified and acted upon can help increase profitability

The think about strategy development is that you build yours around the basics of chart analysis such as ATLs or DTLs, FVGs, support and resistance lvls and the likes. A collection of these structures carefully handpicked by you and the tested in the real market scenario then forms ur strategy

What is DTL? GBP is showing weakness thank EUR despite all the positive data it's getting I don't know why, it's falling too fast, it has formed another order block

Why?

Does this answer your question

Descending trend line,

ATL: Ascending trend line

If u check the daily or weekly TF of this chart you'll see the DTL

True, you have a valid point

but if we call it a business, does that mean we can teach our children to trade as well and make it a family business😂😂😂

Ok, picking a strategy is sth that's unique to every trader regardless of whether trade a generally used model like SMC, ICT or other models

What most traders do when developing a strategy is that they look for unique characteristics of the market which when identified and acted upon can help increase profitability

The think about strategy development is that you build yours around the basics of chart analysis such as ATLs or DTLs, FVGs, support and resistance lvls and the likes. A collection of these structures carefully handpicked by you and the tested in the real market scenario then forms ur strategy

Yeah...

I will also.say that strategy is a unique way you approaches the market with the collectional knowledge of models , fvg, ATLs , DTLs, and support and resistance.

Well ... I can't really tell for now. I don't see it as business. I am seeing as skill acquisition one observe to substitute his or her income. 😂😂😂🤣

This gold is make me angry....

Meanwhile with the way market is just behaving this week . I think is better for one to stay out of the market for now.

When I get this knowledge and become profitable I'm teaching my whole household the only reason my younger ones are not in that group is because they don't have a phone and are still little 😂😂😂