**My Trading Strategy Evolution**
When I started my journey in the trading world, I heavily relied on basic technical analysis such as **support and resistance** and **moving averages**. I would sometimes trade randomly, which led to repeated losses. But over time, I learned that success in trading requires a clear plan and strict discipline.
### **Stage One: Relying on Indicators**
Initially, I used indicators like **MACD** and **RSI** to identify entry and exit points. However, I noticed that these indicators sometimes provide lagging signals, especially in volatile markets.
### **Stage Two: Merging Technical and Fundamental Analysis**
I started merging **fundamental analysis** with technical, such as following macroeconomic news and earnings reports. This helped me avoid risky trades during major events like central bank meetings.
### **Stage Three: Risk Management**
I learned that **capital management** is more important than determining perfect entry points. Now, I do not risk more than 1-2% of my balance on each trade, and I consistently use **stop-loss orders**.
### **Stage Four: Automated Trading and Backtesting**
Currently, I am testing my strategies using **historical data (Backtesting)** and developing automated trading scripts to execute trades automatically.
### **Conclusion**
My strategy evolved from randomness to organized planning. I am still learning and improving my performance, but I am now more confident in my decisions thanks to **experience and discipline**.
#MyStrategyEvolution #TradingPlan #RiskManagement
