I don't think so, if you have fair knowledge of how to make use of the indicators and tools, you can make the complex strategies simple. In strategy you must know where the entry point and exit point for your trade keeping in mind the position size you hold.
UweMoench posted: It is true that we should not use complicated trading strategy. The more complicated your strategy is the more loss you will incur in trading. Try to keep it simple. Simple is awesome. Simple strategy will help to to find more good entry opportunity.
completely agree to this. Trading should be simple
vanzadorbey posted: How. can a strategy be not complicated and make money? Are you kidding me.
Well, there are some simple strategies to make money too. You will just have to get used to them and practice.
That’s right. What strategies do you find best, mate?
I have used price action for swing trading in the past and these days, I’ve been trying to practice how day trading and scalping work. For these, I’ve been using Cityindex, Etoro and Fxview. Primarily due to their low trading cost.
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.