I see a lot of people say to create your own strategy now obviously a lot of people will have done this devised from ict concepts. If I was wanting to build my own strategy how do I go about doing that and refining it. Is it just about purely watching price and trying to identify common patterns as to where price reacts from etc
Was there a moment when learning to trade that the penny dropped for you guys or was it a gradual thing and what are the best ways to get to that point I’ve passed a few evals but never got a payout but just lack serious confidence in my system because I feel like In live markets I don’t trade the same as I do backtesting
How important is fundamental analysis in the sense of day trading forex for example like I personally avoid red folder news days but should fundamental analysis be having an input on my bias for the day
When deciding where to put your stop loss what makes say a high protected I feel like I’m taking trades and because my stop loss is very big I’m having to target liquidity or pd arrays big moves away and a lot of the time when my trades are winning they rarely come close to stopping me out so I could have had better rr with better stop loss placement
I’m not looking for validation I just want to genuinely know if I’m looking at the charts the completely wrong way I believed price was bearish on the 4 and 1 hr and price traded back to the 1hr bearish fvg then displaced away from it on the 15 min tf at which I got a fvg retrace entry I feel like I followed my rules but I feel like every time I take a trade I’m miles off it