Elements of Successful Trading Strategy

As a trader you are always dealing with the term " Strategy " but, do you know really what are the basic elements or ingredients needed to call your trading strategy as a successful one ? 

You should ask your self some questions to have an idea about the effectiveness  of your strategy like : 

•  Is your strategy based on statistics or on the actual nature of the market ? 
•  Do you have clear rules for entry and Exit Strategy ?
• Is Risk Reword Ratio in your favor ?

And other essential questions in the next video that you must have a clear answer for them to make sure that you really  are on the right way to trading success ..