Myth #6. There’s this one perfect strategy

Synthia spent ten years as a nurse and then found a super strategy on the internet, now she makes millions. John took a trading course, left his job at a supermarket and his side gig as a cab driver, and is now posting fast cars and suitcases full of money on Instagram. You can do this too, they say. You just need a perfect trading strategy. But an ideal trading strategy is a myth.

There are dozens of strategies out there. You can name several of them and use one or two. Most traders are looking for a perfect one. How close can they get to finding it?

To make your strategy profitable, you always need to pay attention to the conditions of the market. Learn several strategies and know when to use them. You need to understand why and how they work. A successful trader sees strategies as tools, reaching out to the toolbox and choosing one that suits the moment.

You might have seen ads for a perfect strategy that promises and 100% profits. Even successful traders can only dream of trading with zero losses. Do not go looking for miracles, and do not discard a good strategy because it is not 100% profitable. Use money management techniques to protect your balance (https://bit.ly/30Rc6Vt), try out our official signal bot (https://bit.ly/32xkpXn), and trade on Demo to hone your skills without risking money.

Conclusion

There’s no such thing as a perfect trading strategy, but there are good ones, and they are often overlooked in favor of a mythical trading system with a 100% profit rate. Settle for a good one, learn how it works, use money management and remember that trading is a marathon, not a sprint, and slow and steady wins the race.