#MyStrategyEvolution
Are you trading an idea or a strategy? 📈 Understanding the crucial difference between the two can make or break your success in the markets. Let's dive into the stages of developing a robust trading approach and why it matters.
Many traders dive headfirst into the markets with just an idea. They might read about a promising indicator or hear about a hot tip from a friend. While ideas are the seeds of innovation, trading solely on an idea is like building a house without a blueprint. It might work for a while, but it's not sustainable in the long run.
Enter the three stages of trading method development:
No:1 Idea
No:2 Sketch
No:3 Strategy.
