Question
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Is it possible to win with a loosing strategy?
5 Answers
<p>Best strategy depends on the situation because of the fluid nature of things… without providing details of the situation and providing context, it’s difficult to appoint a best strategy</p>
7 Views
<p>Money/risk management and timing is more important than having holy grail if any! Clement's "edge" concept could be analysed, but still you will need more knowledge about volatility, risk management and a dynamic trading model. Nowadays, I'm entering trades just opposite the signal given by a trading system success rate above 75-80%. Testing and using trading systems only useful when you have a time-machine to go past. Sorry for my pessimism about the "edge" or "holy grail" concepts. I just don't believe it at all.</p>
5 Views
<p>No. Profitable systems make money by exploiting some quantifiable inefficiency in the market known as an "edge". Systems that consistently lose money do so because they have no edge in the market, and the capital is eaten up by friction costs such as brokerage, spread and slippage. Reversing the entries of a system with no edge will just produce another system with no edge.</p>
3 Views
<p>There is no right or wrong answer in trading… just as in life… try some paper trading with your reverse strategy. If it works out, let me know too ;) Always up to learning something new</p>
2 Views
<p>The forex market is dynamic in nature. Here, changes are occurring so frequently that the strategy which works at one point of time becomes useless at another point of time. Therefore, I don’t think that it's possible to have a strategy that will make you profit forever. However, you can make one strategy effectively work for a longer time period if you keep refining it constantly. Another way to remain consistent is to make a trading plan and stick to it until the end of the trade.</p>
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