NexusFi: Find Your Edge


Home Menu

 





Could Someone Give me Advice on Developing a Consistent Trading Strategy?


Discussion in Traders Hideout

Updated
      Top Posters
    1. looks_one lightsun47 with 1 posts (1 thanks)
    2. looks_two roberrrttt1 with 1 posts (0 thanks)
    3. looks_3 deaddog with 1 posts (1 thanks)
    4. looks_4 Symple with 1 posts (0 thanks)
    1. trending_up 1,092 views
    2. thumb_up 2 thanks given
    3. group 2 followers
    1. forum 3 posts
    2. attach_file 0 attachments




 
Search this Thread
  #1 (permalink)
roberrrttt1
LA, USA
 
Posts: 1 since Jul 2024
Thanks Given: 0
Thanks Received: 0

Hello there,

I have been actively trading for a few years, primarily focusing on stocks and ETFs, but I struggle with consistency in my results.

I have studied various strategies; from technical analysis to fundamental approaches; but I find it challenging to stick with one method long enough to see consistent returns. My main issues are overtrading, emotional decision making, and difficulty maintaining discipline.

I am curious to hear from experienced traders in this community. How did you find a strategy that worked for you? What steps did you take to refine and stick with your chosen method? Are there specific resources; books; or courses you would recommend for someone in my situation?

Any insights or advice on building a robust and sustainable trading strategy would be greatly appreciated. I am excited to learn and improve; so any personal experiences or tips you can share would be valuable.

Thank you in advance for your help and assistance.


Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Al Arabiya: US-Iran Draft Deal Within Hours Contains Hor …
Prediction Markets & Event Contracts
Would a node-based workflow for automated trading be useful?
Traders Hideout
Iran Airspace Contract Surges to 33.5% as Project Freedo …
Prediction Markets & Event Contracts
April 2026 Jobs Report: +115k vs +65k Expected
Traders Hideout
April CPI Preview: +3.7% YoY Expected at 8:30 AM ET -- C …
Traders Hideout
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
NexusFi site changelog and issues/problem reporting
2 thanks
Darmok and Jalad at Tanagra
1 thanks
  #2 (permalink)
 Symple 
Zuerich / Switzerland
Legendary Market Wizard
 
Experience: Master
Platform: TastyTrade
Broker: TastyTrade
Trading: Hedges with Options on Stocks, ETF's and Futures
Frequency: Every few weeks
Duration: Weeks
Posts: 1,250 since Sep 2021
Thanks Given: 1,659
Thanks Received: 2,543

Hi @roberrrttt1

Seems your first post in this forum: So a nice welcome to you.

Regarding your question: You mentioned you are now trading for a few years. Fine. So why not focus on the strategy you already have in use? You may have to change only little, certain parameters to have any results you consider good enough for you to continue with exactly this strategy.

If you want you may give an insight about this strategy you use and traders here can give you an advise what may have to be improved in it to have more consistency with it.

Symple


Reply With Quote
  #3 (permalink)
 
deaddog's Avatar
 deaddog 
Prince George BC Canada
 
Experience: Advanced
Platform: National Bank Direct
Broker: NBD/BMO/Questrade
Trading: Stocks
Frequency: Every few days
Duration: Weeks
Posts: 1,508 since May 2013
Thanks Given: 275
Thanks Received: 4,803



roberrrttt1 View Post
. My main issues are overtrading, emotional decision making, and difficulty maintaining discipline.

The problem is the trader. not the system


Quoting 
I am excited to learn and improve; so any personal experiences or tips you can share would be valuable.

Thank you in advance for your help and assistance.

What I did was change my focus from watching the P&L to "Did I follow my trading plan?".
I would suggest you put your plan in writing and judge your performance on whether you followed your plan or not.
If not then you have to figure out why!!


"The days when I keep my gratitude higher than my expectations, I have really good days" RW Hubbard
Reply With Quote
Thanked by:
  #4 (permalink)
lightsun47
Toronto, Canada
 
Posts: 439 since May 2018
Thanks Given: 540
Thanks Received: 349

This video has helped me a lot to be ready mentally everyday:


Reply With Quote
Thanked by:




Last Updated on August 2, 2024


© 2026 NexusFi®, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Downloads - Top
no new posts