Hello, Is anyone using price action + Supertrend + EMA Crossover? Could you share your tips?
Before you set up your strategy, decide on which time frame you would like to trade or focus on. Each time frame will suit different strategies.
These strategies don’t work because what you make in Trending periods you lose in Choppy Markets . Remember markets trend only 20% of time and remain choppy 80% of time.
Thank you
Thank you
Better than relying on some users advice try your strategy on paper trading for a month or more to know if your strategy work in real market or not. There are many 3rd party algo platforms in market like algotest using which you can do paper trading at a very low cost.
Paper Trading is a way by which you can test your strategy in live market without deploying your real money. So you will get an idea if strategy works in live market or not.
If it works, start with 1 lot in starting and slowly increase your capital as emotions comes in live market when real money is involved.
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