Forex strategies work, period. But it depends on the trader and the strategy they use. Plus, tweaking strategy with time is crucial because the market is dynamic and prone to change.
Trading strategies are methods of profiting in the current market conditions. Every trader who is looking for a profitable trading strategy should devise his or her own trading strategy based on his or her trading goals and objectives. Effective trading strategies are required for profitable trading.
Forex trading strategies are effective. It is also true that not every strategy will work for you. If a strategy works for one trader, it does not guarantee that it will work for all traders. Every trader should devise a profitable strategy based on their goals and objectives.
Freddy Taylor
(Freddy4Taylor)
Member Since Aug 04, 2021
35 posts
Jan 20 at 06:19
Many strategies have been developed by professionals who have learned how to make money from them.
No job too big. No job too small.
Marcel Durham
(MarcellusLux)
Member Since May 19, 2020
210 posts
Jan 25 at 17:42
It works, just like a aircraft can takeoff and carry cargo over long distances. The only question is who the pilot is and how good the skills of the pilot are.
@Marcellus8610
fxashely89
Member Since Apr 14, 2022
32 posts
Jan 27 at 12:50
Finding a strategy that works for you is important because every trading strategy performs differently for many traders.
fxashely89 posted:Yes we should always choose the one which works the best for us.
Finding a strategy that works for you is important because every trading strategy performs differently for many traders.
It's definitely not an easy task to understand yourself as a trader and then only after understanding yourself that you find the right strategy that fits you. You can't start scalping and then knowing that you are not a quick decision maker so it's not a good fit for you. There are a lot of profitable strategies out there. It just so happens that the trader that uses that strategy would be the factor to decide whether it will be a successful strategy or not.
Trading is a marathon, not a sprint.
Prince Sajir
(princesajir)
Member Since Jan 25, 2022
130 posts
Jan 30 at 09:16
In fact, the trading strategies are all valid. The end result varies from trader to trader. So, the trading strategy that suits you is the most important.
If a deal is placed correctly with accurate knowledge and a thorough understanding of the currency market, forex methods typically work.
Several trading techniques can be employed, depending on the time frame and duration of the trade's open period.
Several trading techniques can be employed, depending on the time frame and duration of the trade's open period.
It depends on the strategy being used and the market conditions. Some strategies may work well in certain market conditions, but may not be effective in others. It's important to thoroughly back test and evaluate a strategy before using it in real-world trading, and to continually monitor and adjust as necessary.
Scalp Signal
(stormscalp2023)
Member Since Jan 31, 2023
15 posts
Feb 06 at 09:43
greed always kill strategies..
dom perignon
Trader_Ember
Member Since Feb 04, 2023
18 posts
Feb 07 at 10:57
It depends on the strategy and the individual trader's ability to execute it consistently and with discipline. Success in forex trading also requires a good understanding of the market, risk management, and the ability to stay patient and disciplined.
It's important to keep in mind that the forex market is complex and highly volatile, and no single strategy is guaranteed to be consistently profitable. Success in forex trading requires a combination of factors, including a solid understanding of the market, discipline, patience, and risk management. It's essential to do your research, develop a sound trading plan, and seek professional advice if necessary.
Tradelist45
Member Since Jun 26, 2020
311 posts
Feb 09 at 09:07
thanks for your post , got some fine lines.
I think not always strategy work in all market conditions, here needs an understanding to the market, and what kinds of a trend currently occurs, on the trading range market it is impossible looking a higher target, so learning the market is key accompanied by patience.
It always work, but the thing is the market changes constantly, so you have to update the strategies frequently, that's why it is a good idea to backtest them before doing an actual trade.
WhiteWitcher
Member Since Aug 19, 2021
82 posts
Mar 15 at 12:24
stormscalp2023 posted:
greed always kill strategies..
Oh what is nonsense do you think. Do not forget to say that indicators are not needed, lmao.
Maverwallace_5
Member Since Jan 12, 2023
13 posts
Mar 18 at 08:10
Forex strategies can be effective, but it varies from person to person.
Also, success here depends on a variety of factors such as market conditions, risk management and discipline.
Also, success here depends on a variety of factors such as market conditions, risk management and discipline.