Skip to main content

Testing the strategy

When it came comes to trading we see people using different strategies. There is no fixed strategy for success. People find their agreed will at one thing which may or may not suit us. So the real challenge is not to master the strategy but to find it. We may even tried multiple strategies multiple times. Even now that confusion pops. People choose strategy not based on how much winning percentage it has, but does it resonate with their style. Even people trading just based on their will can make more money and can have a great winning percentage than who tried thousands of them.
Even after choosing a strategy, people find it difficult to take trades based. Because they are not sure about whether it is what they actually need. If we have a strategy which we think might suits us, we have to test it and back test it. People jumping from one to another never have traded multiple timed based on that. Not a single strategy could be understood within days or weeks, it takes months like the same way we to get accustomed with market. So before choosing a trading style, make sure that you are willing to test it for couple of months.

Labels:

Comments

Post a Comment

Most viewed

Use information for seduction

The ability to get out of yourself and dig into other people's lives can be useful when it comes to seduction. we must let ourselves subside and know the opposite person well. Know what they want, what they like, how they would react to different circumstances, and whey they like and dislike. During this process of minute scrutiny, never leave a clue that might lead to suspicion. Digest this information and keep tracking the person occasionally and ask them subtly about those private things to show you really care what they said. This sense of feeling that this person cares about us when used correctly can be a tool for seduction.
Post a Comment
Read more

Results are oriented consistently

Whenever we expect a result, it will be grounded on the work involved. The more efficient the work, the better the outcome will be. Most of the time when we expect the results without putting enough work, we suffer. So making sure that we give the best while expecting a good result.
Post a Comment
Read more

Do not get left behind

 This is a promising stage of the ongoing internet revolution. Internet created its own parallel version which recurs the excitement and suspicion towards it. Internet was the funniest and craziest thing to joke about at its initial stage. The laggards thought people talking internet seriously as dumb lunatic people, fool enough in to believe in an unrealistic world. They couldn’t sort out a successful career without participating in oil industries which is already boomed back then. They saw the substantial increase in automotive industry and found its stock price peaking up. No way to avoid this fortune. Yet people tried different in a non existing world. They went with their belief and vision. They were so keen about where the attention is drifting and well migrated to internet . It’s not just few people who made billions from internet, there are many. Regardless of the industry there happened a great departure. And those who were suspicious about were forced to depart or to quit. It
Post a Comment
Read more

Becoming rich and staying rich

Becoming rich and staying rich are two different things. Becoming rich involves a lot of effort and getting out of the comfort zone. Of course, you need to work your ass off. But staying rich requires intelligence. Because money put on depreciating assets can reduce the wealth into half within a short period. All the efforts that were put on creating this massive wealth goes in vain. Staying rich is equally important as becoming rich.
Post a Comment
Read more

Mental development

Why would anyone care about the neighbors while he got loads of shit to do? Whether we have enough time or more than enough time, we do focus on our things. Apparently, this is not good for society. The kids growing up always expresses their curiosity to peep inside the neighbors' home. They are complete stranger to him and when he notices that his neighbors are not in term with his family, it will instill in his mind and he accept the irony that one should not consider smiling towards the stranger even when he is sitting near him. Kids take this behavior and struggle to make relationships in the future.
Post a Comment
Read more

Surroundings and influence

  Most people who are brilliant enough let themselves to suffer only because oh their lack of courage. They were well equipped and learned, yet they find themselves stumbling upon when faced with an adversity. They weren’t really shy, they are afraid of embarrassment. What would happen if something happens always make them uncomfortable. It is not only the failure that makes them sweat, success too. They don’t know what to do when confronted with their peers, these people sweats a lot. The reason these people fell into these category isn’t their fault. Not technically, but yes they chose it. But by doing a simple analysis we can conclude that the environment that they were in contributed a better part. But these environment doesn’t create itself. Keeping in mind it could be again concluded as ancestral influence . That is much powerful. Even people with talent feels the resistance. What about this resistance is it keeps the action at bay and paves a great way to live the unlived life.
Post a Comment
Read more

Marketing Placebo Effect

The marketing placebo effect is popular among marketers. It is by tricking the consumer to buy products by carving a need in them. It is not just filling the void. It is creating and then filling the void. Almost all the product costs a way lot more than the actual cost. In exchange for the sensational feeling left by the advertising, the consumer feels the same feeling while using it. This is the placebo effect. Although the product is not as good as what we found in the ads, the power of advertising makes it so. The prime example is the coco-cola. Everyone from the creator to the consumer knows that it is a toxic drink, the annual revenue is growing in a rapid manner and they made a 17% increase in the total revenue in YoY from FY20. The marketing placebo effect is, in most cases, good for the company and awful for the customer.
Post a Comment
Read more