Christian Paul
(8christianpaul8)
Member Since Aug 27, 2017
112 posts
Jan 05 2021 at 07:26
Babypips is the best guide for newbie traders in my opinion. As for the trading strategies, it really depends on understanding how you react to the market. You can be an HFT, scalper, swing trader, position trader, algorithmic trader. It depends on you after you have fully grasped the forex market and what strategy suits you best. Good luck with trading! It's not easy but worth it.
Trading is a marathon, not a sprint.
richardmarcus
Member Since Oct 07, 2020
104 posts
Jan 06 2021 at 04:36
8christianpaul8 posted:great yes i have been to baby pips forums and blogs it certainly helps out new traders
Babypips is the best guide for newbie traders in my opinion. As for the trading strategies, it really depends on understanding how you react to the market. You can be an HFT, scalper, swing trader, position trader, algorithmic trader. It depends on you after you have fully grasped the forex market and what strategy suits you best. Good luck with trading! It's not easy but worth it.
RobertFerrari
Member Since Aug 15, 2021
375 posts
Dec 28 2021 at 07:03
8christianpaul8 posted:Yes. you are right. many new traders start their journey from babypips.
Babypips is the best guide for newbie traders in my opinion. As for the trading strategies, it really depends on understanding how you react to the market. You can be an HFT, scalper, swing trader, position trader, algorithmic trader. It depends on you after you have fully grasped the forex market and what strategy suits you best. Good luck with trading! It's not easy but worth it.
Marcel Durham
(MarcellusLux)
Member Since May 19, 2020
148 posts
Dec 28 2021 at 12:27
A strategy or system is just a term that summarizes your trading specifics. All your actions in the market should be deliberate and focused on your goals. You can call it what you want, a strategy or a system or a collection of rules, but it only works like that, only according to the plan.
@Marcellus8610
RobertFerrari posted:This is a very popular site for traders to learn about forex, the forum also active where many traders share their experiences and opinion about forex trading.
Yes. you are right. many new traders start their journey from babypips.
Trader can learn many kinds trading strategy, and choose one that suitable for them and make comfortable in trading
miguelcaron
Member Since Oct 29, 2021
70 posts
Dec 31 2021 at 05:03
Many forex strategies do work, and traders who find a strategy that suits their individual trading style and risk tolerance are likely to be successful in the forex market.
BigPips Trades
(DonTW)
Member Since Jul 28, 2015
11 posts
Jan 03 at 17:45
Big Part of your success is Your strategy choice....Trading for pips will allow you to trade longer-term successfully
Since You will allow the market to do the work and lower the risk on your capital.
This means using lower lot size and higher Pips target.
Instead of trading for 10-20 pips using 1standard lot its better to trade for 100-200pips using 0.10 standard lots
This is where using EAs and trading on the higher timeframes comes in.
Since You will allow the market to do the work and lower the risk on your capital.
This means using lower lot size and higher Pips target.
Instead of trading for 10-20 pips using 1standard lot its better to trade for 100-200pips using 0.10 standard lots
This is where using EAs and trading on the higher timeframes comes in.
Trade For Big Pips Monthly Weekly Daily
RobertFerrari
Member Since Aug 15, 2021
375 posts
Jan 04 at 08:16
FXOday posted:Yes. You are absolutely right.RobertFerrari posted:This is a very popular site for traders to learn about forex, the forum also active where many traders share their experiences and opinion about forex trading.
Yes. you are right. many new traders start their journey from babypips.
Trader can learn many kinds trading strategy, and choose one that suitable for them and make comfortable in trading
any kind of trading strategies will work of course if there is most powerful analyzing money management, otherwise the result of trading can be useless.
sculpordwarf
Member Since Jan 05, 2022
8 posts
Jan 05 at 09:59
yes every forex strategy works and that is why we are all rich,....not. Most (if not all) strategies that are taught online are just pretty ideas that fail in the real world. If they all worked then everyone would be Forex trader. The reality is that trading is very hard and people who find a good strategy guard it with their life.
It should be understood that strategies can work at certain times and market conditions.
BigPips Trades
(DonTW)
Member Since Jul 28, 2015
11 posts
Jan 07 at 18:30
Issues is not whether it works its matter of whether its dynamic enough to evade market makers as well as brokers....Some brokers may go to great length to make sure it doesn't especially if its significant amount of money...I meant even take down their whole system or freeze their own servers
Trade For Big Pips Monthly Weekly Daily
Forex strategies have a big role when it comes to your success in trading. A strategy is carefully selected or made by keeping different attributes in mind, such as, your goals, trading style, your lifestyle, the type of analysis you prefer or the tools you use. A strategy can’t be difficult and profitable at the same time. Therefore, you should give enough attention in creating a simple, easy to follow strategy which suits your trading style.
Of course strategies work. That's like asking if business or war strategies work. Of course some do but not all. The hard part is finding the one that works for you as it's not a one size fits all.
If you can't spot the liquidity then you are the liquidity.
Strategies in this industry do not always work. It should be understood that some strategies can only work at a certain point in time.
Forex strategies work only if the trader is able enough to execute them properly. No strategy can work by itself without the active contribution of a trader. Some traders even use a single strategy in multiple situations as they have a lot of experience with that strategy.
winning_trades
Member Since May 31, 2021
48 posts
Jan 21 at 08:26
Strategies consist of deep technical understanding and careful interpretation of price movements on charts. The one who able to get the right logic will able to make a way from any trend in the market.
Lethab_Mpho
Member Since Nov 20, 2021
19 posts
Jan 21 at 08:39
True with right set of skills and consistent practice anyone can make a way here.
fearfuldizzy
Member Since Jan 07, 2022
9 posts
Jan 21 at 10:11
Most strategies taught online are BS. Only way to get a good strategy is to put the hard work in and make you own one up