How do you know that your trading strategy really works?
If it took you more than 2 seconds to answer this question, read on.
When you start trading a new strategy, this question can be challenging to answer. You might have trading rules but because you’re not sure about your edge, your confidence in the strategy will last until you get your first couple of losers.
All of a sudden, you question everything.
Did this really work to begin with? What if I was just lucky?
Let’s fix this.
Today, I want to share a forex trading strategy with you, called WhaM. This trading strategy is so easy to use, even your parents would be able to trade it. I reckon even your dog could trade this. Really, it’s super straightforward.
This trading strategy is not created by me. I read about it a long time ago from Will at wmd4x.com, who originally came up with these patterns and found a way to trade them. This is my interpretation of the system and how I currently trade it.
It’s one of the strategies I’m actively trading and it’s by far the one with the least moving variables. No indicators. No complicated rules. I don’t even use candlestick charts for this strategy! And most importantly: it just works incredibly well.
If this sounds like a sales pitch, it’s only because I always get excited telling people about it 🙂 Don’t worry, I’m not selling anything. Everything you need to know to adopt this strategy is right here, in this article. By sharing this strategy for free, I’m hoping that some people will benefit from it. I also want to show that trading systems don’t have to be complicated and trading consistently and profitably is absolutely possible, given proper rules.
If, after reading, you feel that this article was useful to you, I’d appreciate it if you share it so more people can learn about this forex trading strategy:
“Why do I keep losing money?”
This question used to keep me up at night.
Have you ever wondered this too? I have, over and over again.
When I was still struggling to become a profitable forex trader, I was desperate for the answer. Not only that, I wanted to identify the various pain points that made forex traders lose money. Find a structured way to tackle them. I wasn’t going to be a losing trader forever, no way. So I started researching.
The short answer is of course because it’s really hard to be consistently profitable.
But why? There are enough traders with a proven track record, so it must be possible. During my search, I’ve identified 5 of the most important reasons why traders lose out. I’m pretty sure that at one point or another, I’ve been through them all. But once I started working on them, I noticed a real turnaround in my trading performance! I couldn’t believe this, it really worked.