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Its YOU Not The Strategy
Its YOU Not The Strategy
Its YOU Not The Strategy
forexsmarttools.com/forex-strategies-tips/its-you-not-the-strategy
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... Just Like Forex
When I realized how many solutions to my Trainyard puzzle there were, it reminded me
exactly of our own journey to learn Forex trading.
When we started trading in 2005, we began with the assumption that there was only one
correct way to trade the Forex markets -just like when I began playing Trainyard, I thought
that each puzzle had only one unique solution.
In the same way, we thought that there would be only one unique winning forex strategy
that would unlock the door to riches beyond belief. The Trainyard surprise was just like
the amazement we had when we discovered there were so many radically different
approaches to Forex trading.
Now... stepping away from the trees in order to see the forest... we see that there are a vast
number of ways to trade.
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Show the same currency chart to half a dozen forex traders and you'll get half a dozen
solutions – or more.
One will say that the forex market is definitely bullish and he's waiting for the
breakout.
Another will say that no, the market is bearish and she's just waiting for that trend
line to be broken.
The third one will say that the market is in a pennant, waiting to break south.
The fourth will say that he sees consolidation and is standing on the side lines.
The fifth will say that the engulfing candle is his signal to go long.
The sixth will say that the Bollinger Bands she's drawn, along with the Moving
Average and the Heiken Ashe candles all clearly point to it being a great short.
And each argument can be compelling and each of those traders could be right and make
money. Just like the 7,000+ solutions that all worked for getting Train A to Station A and
Train B to Station B.
It took us years to begin to grasp the truth and subtlety of this Zen koan.
And again, it's just like the Trainyard game. Ultimately, it doesn't matter how anyone else
solved the puzzle. For each of us: it's all about our individual approach to it.
In the Trainyard game, developing that ownership of your own solution is what yields the
satisfaction and fun.
In the forex market, developing that ownership of your own solution is what
yields consistency and profitability.
There are so many ways to trade the forex market. That's why we no longer participate in
chat rooms, forums or classes. We've discovered our own path and it's working really well
for us. We don't want to get swayed by anyone else's solution to Trainyard or forex trading.
The most successful traders we have met have done just that.
The most frustrated traders we have known are those who are always looking for the next
hot strategy or winning technique.
The black hole of doom and the sure road to financial disaster in trading is to move
from one strategy to another, over and over and over again.
And it's super-hard not to do this! Because there will ALWAYS be a different strategy that
works better than yours for some setup or at some time or with some other person's
application of it.
You have to live with that if you are to ultimately succeed. You have to live with the other
7,181 solutions to the puzzle.
Have you read our article on Keeping it Simple? If not, you'll find it a great inspiration
backing up this idea, as it explains the surprising route it takes to become a Master Trader.
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