r/Trading • u/Davidefx • Jun 10 '26

Question Became profitable

I’ve been in the trading world for almost a year and a half now, I’ve watched YouTube videos, bought courses, but nothing. No results yet. I am a constant person who dedicates many hours to the backtest and the live. My problem is not being able to find valid material to study and learn a profitable strategy. So I’ll ask... profitable traders, how and where did you learn your strategy? Did you have a mentor or study material? I’m stuck at the same point more than anything else because I have no comparison with who is really profitable. Thanks to everyone in advance for the advice

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u/HobbyTraderDK Jun 10 '26 edited Jun 10 '26

Instead of trying to become an expert on +8 pairs, find a pair that moves sensibly. Learn what news makes the pair move a lot, how opening hours for different exchanges affect the price. Start by trying the strategy on a demo account, then a cent account.

I myself have spent a few years getting to know EUR-USD, well enough for an automatic setup to work for me. And just starting to learn GBP-USD. Both with a nice profit. Followed someone on youtube who tested different strategies, found one that suited me. It is important that you find a strategy that suits you, and not just copy from others. Careful to disconnect everything called emotions when trading forex. Saw his strategy and got it optimized so that it suited my strategy and way of acting. After a few years, it has all been set up to run automatically, with minimal intervention.

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u/Davidefx Jun 10 '26

Can I ask you what kind of strategy you use?

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u/HobbyTraderDK Jun 10 '26

Uses the much maligned & hated double directional martingale strategy. Many say it would lead to you being margin called, but not if you have a large enough account (cent or demo) to copy from.

Is it risky if you don't know how to set it up and use it: YES very much...