My trading strategy, like that of many traders, has evolved with experience, mistakes, and market analysis. In the beginning, I relied on intuition and simple technical indicators like moving averages, but quickly realized their limitations. The markets turned out to be more complex than anticipated, and emotional decisions often led to losses.
The first key insight is the importance of risk management. I started to strictly adhere to stop-losses and never risk more than 1-2% of capital on a single trade. This helped preserve capital during volatile periods. The second important point is the transition to a systematic approach. I developed clear rules for entry and exit, based on a combination of technical analysis (trend lines, support/resistance levels) and fundamental factors such as economic news.
Over time, I also learned to adapt to different market conditions. For example, in trending markets, trend-following strategies work better, while in sideways markets, range trading is more effective. Another insight is patience. Waiting for ideal setups rather than chasing every opportunity significantly increased profitability. Finally, keeping a trading journal allowed me to analyze mistakes and improve my strategy. These changes made my thinking more disciplined and focused on long-term success.