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Nick Goold

A 100% win rate trading method, a strategy that always makes money, is called the "Holy Grail of Trading". Many traders spend a lot of time searching for trading methods, switching from strategy to strategy in pursuit of this "holy grail of trading. When they have little experience, many traders think there must be a more profitable method and fall into a loop of searching for the Holy Grail.

As it turns out, no "Holy Grail of trading" which makes money 100% of the time exists.

Different traders have different personalities, characteristics, strengths, and weaknesses; even if they utilize the same method, their profits and losses will differ. Of course, there are profitable trading strategies, but if you are looking for the perfect one, you will never find one.

What is essential for success in trading is to analyze the market with a consistent view when deciding to enter and close trades.

A high win rate does not necessarily = a profitable trading strategy. However, even a low win rate can be profitable with proper money management. So, instead of focusing only on the win rate, take a long-term perspective and develop your money management skills.

Once you have found a profitable trading strategy, verify it using historical data. Simple rather than complex strategies can be effective.

Verify with historical charts to see if the strategy is genuinely profitable. If it is not profitable in past markets over a given period, the probability of it being profitable in the current market is also low.

What is the best trading strategy for the current market?

When using a trading strategy in a real account, always verify that the trading strategy is optimal for the current market. If you find that your trading strategy is not producing profits, the market has changed. Therefore, it is up to the trader to prepare multiple trading strategies and determine the best method for the current market.

Practice using strategies in demo trades

Once you have found a trading strategy that works for you by examining past charts, try it out on a demo account. Or, practice by trying the trading strategy with a minimum number of lots in a real account. This process will help you identify areas for improvement in your trading strategy.