Articles
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Create Your Own Trading Strategies
There are many great trading strategies out there, and purchasing books or courses does save time, but trading can also be a “do it yourself” career. Many traders spend hundreds or even thousands of dollars looking for a great trading strategy. Building strategies can be fun, easy and surprisingly quick. (To read about available trading software check out Forex Automation Software For Hands-Free Trading.)
To create a strategy, you will need access to charts which reflect the time frame to be traded, an inquisitive and objective mind and a pad of paper to jot down your ideas. These ideas can then be formalized into a strategy and “visually backtested” on other charts. In this article, we go over this process from start to finish including the questions to ask along the way. Then you’ll be ready to start creating your own strategies in any market and on any time frame.
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