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Don't Have a Lot of Theories

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Deplu

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So here it is, friends, theory in trading is not unimportant, but if... there are too many theories, the results will just confuse you, for example, you learn from Eliot wave, chart patterns, engulf etc. OK, from theory it's really easy and in the picture the shape is clearly visible. Meanwhile, when you look and look for the pattern on a chart, what happens...? Yup, you will be confused yourself, won't you, seeing a chart that keeps moving and with a pattern that is not as beautiful as the picture, as a result you will confuse yourself and don't know what to do...?
So that's my discussion about theories and theories that end up confusing a lot of young traders (Newbe) maybe for other traders there are those who want to add the best solution on how we deal with it, please feel free to comment for input



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#1 - September 12, 2022, 11:06:07 PM

Dana D

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Quote from: Deplu on September 12, 2022, 11:06:07 PM
So here it is, friends, theory in trading is not unimportant, but if... there are too many theories, the results will just confuse 
That's right, we should only understand a few theories but we are full practice, so our experience will continue to increase
#2 - September 14, 2022, 10:49:45 AM
« Last Edit: September 14, 2022, 09:44:06 PM by Mikser »

fadillaangga233

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It's enough that we have a little theory, the most important thing is that we are consistent with the theory
#3 - October 26, 2022, 05:45:01 AM

Indika

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What's important in trading is practice
#4 - November 15, 2022, 08:03:48 AM

Timah Panas

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What is important in always practice and evaluation
#5 - November 17, 2022, 04:38:02 AM

fadillaangga233

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the reality is trading is not about theory because a lot of things will be different if we are dealing directly with the market
#6 - December 06, 2022, 01:21:28 PM

Kardel Sharpeye

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Having a lot of trading theories can be overwhelming and lead to analysis paralysis. It's better to focus on a few tried and tested strategies based on technical and fundamental analysis. Traders should develop a comprehensive trading plan that encompasses risk management, money management, and emotional control. Overcomplicating the trading process with too many theories can lead to confusion and indecision. Instead, traders should continuously monitor the market and adapt their strategies based on changing conditions. Remember, successful trading is not about finding the perfect strategy but rather having a disciplined and adaptable approach.
#7 - March 02, 2023, 12:15:30 PM
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