In Your Opinion, Which Trading Strategy is The Most Logical?

[newtrader101]

Price action
Mean reversion
Pair trading
Smart Money Concepts (SMC)
Pivot reversal
Wyckoff trading strategy based on 2nd-level data
Astrological trading
Technical Analysis based (MA and other TA Indicators)
Divergence
Breakout trading
Volume profile
Candlestick
Open interest
No strategy (non-directional with risk : reward ratio and money management)

You may add any missing strategies.

 

[newtrader101]

The point in making this thread was that the strategies based on Indicators do not involve much analysis. It's ticking off a checklist of criteria. However strategies like Order flow analysis seem to involve a more logical analysis. What do you think?

 

[Sneha Rajan]

The most logical strategy often depends on your personal preferences and trading style. However, combining elements from these strategies can lead to a more robust and adaptable trading approach. Here’s how some of these can be integrated:

• Combining TA with Volume Profile and Divergence: Use technical indicators to identify potential trade setups, confirm them with volume profile analysis to ensure strong support/resistance levels, and look for divergences to validate the trade direction.
• Pair Trading with Risk Reward + Money Management: Implement pairs trading to hedge market risk, while focusing on maintaining a favorable risk-reward ratio and strict money management rules to protect your capital.
• Wyckoff Method with Smart Money Concepts: Use the Wyckoff method to understand market phases and institutional activity, then apply smart money concepts to align your trades with institutional trends.

Ultimately, the key to successful trading lies in continuous learning, practice, and adapting your strategy to changing market conditions. Regardless of the strategy you choose, a disciplined approach to risk management and a solid understanding of market dynamics are essential.

 

[stoch]

Price action
Mean reversion
Pair trading
Smart Money Concepts (SMC)
Pivot reversal
Wyckoff trading strategy based on 2nd-level data
Astrological trading
Technical Analysis based (MA and other TA Indicators)
Divergence
Breakout trading
Volume profile
Candlestick
Open interest
No strategy (non-directional with risk : reward ratio and money management)

You may add any missing strategies.

In my opinion, a trading strategy that combines trend following with risk management is the most logical. Trend following leverages the momentum of the market by identifying and trading in the direction of the prevailing trend, which can increase the probability of success. Coupled with strict risk management practices, such as setting stop-loss orders and limiting position sizes, this approach helps protect capital and manage potential losses effectively.

 

[ChadPowell]

Price action
Mean reversion
Pair trading
Smart Money Concepts (SMC)
Pivot reversal
Wyckoff trading strategy based on 2nd-level data
Astrological trading
Technical Analysis based (MA and other TA Indicators)
Divergence
Breakout trading
Volume profile
Candlestick
Open interest
No strategy (non-directional with risk : reward ratio and money management)

You may add any missing strategies.

I do agree with price action, no indicators no nothing, price action + risk management + capital management