#MyStrategyEvolution My trading journey, like many, has been a continuous process of evolution and adaptation, marked by both exhilarating wins and humbling losses. When I first started, I was heavily drawn to breakout strategies, chasing every significant price move, convinced that catching the initial surge was the key to rapid wealth. I'd spend hours scanning charts for triangles and flags, ready to jump in the moment a resistance level cracked. While I had some initial successes, my biggest trading strategy mistake was often failing to confirm these breakouts with sufficient volume and, more critically, neglecting proper stop-loss placement. I learned the hard way that a "breakout" without conviction often turns into a painful reversal.
Over time, this led me to pivot towards a more patient trend-following strategy. Instead of trying to catch the absolute bottom or top, I focused on identifying established trends using moving averages and MACD, aiming to ride the momentum for longer periods. This approach introduced a level of calm and discipline that was missing from my earlier, more frantic style. It also forced me to embrace the idea that missing the initial part of a move is perfectly acceptable, as long as you capture a significant portion of the main trend. More recently, I've begun to integrate elements of arbitrage trading strategy on a smaller scale, taking advantage of minor price discrepancies between exchanges, though this requires rapid execution and a robust understanding of the underlying technology. Each phase has built upon the last, refining my understanding of market dynamics and reinforcing the crucial role of risk management and emotional control. My strategy continues to evolve, adapting to new market conditions and absorbing fresh insights, always with the goal of consistency over spectacle.
#MyStrategyEvolution