Rating: Empty Star Empty Star Empty Star Empty Star Empty Star
best forex strategy for consistent profits
Previous 1 2 Next

Member Since Jul 08, 2019  37 posts Jack Smith (GlobalScalper) May 13 at 16:30

A trader with balance 1k and a trader with balance with 400k both should not follow the same risk ratio and money management.
Nothing is fixed in fx market and there's no supreme rule for everyone.


Member Since Dec 24, 2018  8 posts MaxBuddy May 17 at 06:59
Forex is Always Risky, even for Professional Traders, As a Safe Trader, Can Make Profits Longer, than others who are trying to be Billionaires Over Night, Like Cricketer who is Playing Cricket According to the Book, he will Play Longer than Speed Player who is Looking for Runs each and every Strike, Thanks


Member Since May 13, 2020  40 posts Stonesong May 24 at 04:06
To work out the best strategy for trading, you can see the professionals


Member Since Jun 04, 2020  48 posts ProfitingSystems (PROFITINGSYSTEMS) Jun 14 at 13:41
MaxBuddy posted:
Hello Traders,

I believe the key of Forex Trading is Less Than 15% Draw Down with a method which can makes money, So at the end of the Month, if someone makes 5% at least or up , I believe he is a Professional Forex Trader, do you agree for that ?

SoTraders hit 35% Draw Down and still make great profits monthly, some 25% some less than 20% while some 10% and still make great earnings.
The main thing you should be worried about is being consistence with good risk management, or achieving big profits with very low risks and don't give back your profit to The market (My most precious Style), build up your profits and you will be in the league of best Traders aka Successful Traders.


Member Since Jun 22, 2020  3 posts RomanFalkowski Jun 24 at 10:25
Try out different strategies, backtest your strategies and work hard on it. Consistent profits is hard to say because losses are also a part of trading but more of profits can definitely be earned.


Member Since Apr 04, 2020  52 posts Tezilkree Jul 08 at 05:35
At first, we use other people's strategies, but when we learn to develop our own, then the result is better. I started developing my own strategy as early as possible and we always test it on the Amarkets demo account.


Member Since May 24, 2020  36 posts Duktilar Jul 10 at 06:23
Strategies should always be well developed and tested.

Please login to comment.
EURUSD 1.13672 GBPUSD 1.26017
USDJPY 107.227 USDCAD 1.35674







Twitter |  Facebook |  Site Map  |  Terms  |   Privacy Policy
©2020 Myfxbook Ltd. All Rights Reserved.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.