The fact is that you only need to master one trading setup to be a consistently profitable trader. The best setup to begin with is the one that you see and understand easiest. If you are forcing yourself to learn a setup because you believe another person is successful using it you may be taking the longer route to profitability.
We are all different, our brains and personalities will gravitate to different setups. This is also true of exit techniques. Most traders I hear from lengthen their road to profitability by trying to apply too many concepts before owning the first one. They have studied a myriad of techniques but have yet to master any. This allows them to talk about trading but unable to consistently trade profitably.
The first decision to make is, do you desire to be a counter trend trader? or a with the trend trader? Eventually, you can be both. At the beginning, or a new beggining perhaps, you will do best choosing to master a setup and follow the trend. If you have been at this game for awhile and are not yet consistently profitable you know what I am saying is correct.
Create your trading techniques and setups with the intent that it will aid you. Forget about combination of various styles and setups. PICK ONE, MASTER IT, BE CONSISTENTLY and BE PROFITABLE and do this exercise on it and backtest it before you deciding to jump into real account.
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