The Best Trading Strategy 2020: The Wheel vs. The PowerX Strategy

So let’s talk about how to find the best trading strategy. And before we do this, let’s first talk about what is the best trading strategy.

Before we can do that, we need to define “best.”

Is the best trading strategy the one that makes the most money, or is it the one that has the most winners?

In this example I want to use The Wheel and The PowerX Strategy to show you exactly how you can find the best trading strategy.

How to find the best trading strategy

Now, in order to do this, first we need to define some criteria that we use.

Here are the ones that I like to use in order to determine the best trading strategy.

So as an example, I want to know the account size needed in order to trade the strategy, right?

I mean, do you need a $5,000 account or a $100,000 account?

Another thing is I want to know the potential return of a trading strategy. How much money can I make? And this is where we are talking about the ROI, the return on investment.

Then of course I would like to know what winning percentage can I expect with the strategy.

I also want to know the risk per trade. So how much am I risking per trade that I’m taking?