Looking for a mechanical strategy I can trade around work hours (3 years experience, feeling stuck)
Looking for a mechanical strategy I can trade around work hours (3 years experience, feeling stuck)
Hey everyone,
I've been trading for around 3 years now and I'm feeling pretty stuck.
I don't think psychology or risk management is my issue anymore. I can follow rules, stick to my risk, and trade like a robot if I have a clear plan. I've spent years learning different concepts (market structure, liquidity, supply/demand, ICT concepts, breakouts, trend trading, etc.), but I feel like I've ended up mixing too many ideas together and now I don't know what actually works.
What I'm looking for is a strategy that is as mechanical as possible. Something where I can clearly define:
Entry
Stop loss
Take profit
Trade management
Market conditions to trade
Due to work, I can't always sit at the charts during London or New York. I need something I can trade: At various times of the day, During late Asian session if needed, during ny session from middle of the session to late but cant spend too much time Or even a swing strategy where I can place limit/stop orders and let the market do the work.
I don't need a crazy win rate. I'd happily take:
Around 50% win rate 1:2 RR or similar
Roughly 3-5 trades per week
Honestly, consistency and simplicity are more important to me than making huge returns.
For those of you who have found a mechanical strategy that's worked for years, what do you trade and why? If you were in my position, what would you focus on?
Me personally i trade Xauusd and forex
Any advice would be appreciated. Thanks.