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Does forex strategies usually work>
Member Since Jun 27, 2019
10 posts
Nov 15, 2022 at 14:09
For any strategy you need to test on a demo account to find if it works. Many, in fact most do not.
Member Since Feb 16, 2022
113 posts
Dec 06, 2022 at 18:17
Don’t open a trade in a jiffy right after earning profit from a trade because majority of the traders get losses just because of their excitement.
Dec 19, 2022 at 08:24
Tr_Sheenu014 posted:
Yes, it works if you thoroughly research the market, develop a good trading strategy, and put it into action when the time is right.
Of course timing is very important while trading. In order to arrive at the correct points, you must analyse and perform numerous difficult calculations. Enter when you believe it to be the proper moment, whether it be short or long. When you think you've made enough money, stop right there. Don’t be trapped in greed or fear, they’ll ruin your trading.
Dec 20, 2022 at 09:39
indelible posted:"Does forex strategies usually work?" - In short NO. Most fail. Some work, some of the time. FX is hard. It takes time
Forex strategies do work but traders need to learn how to keep an open mind to make the right decisions. Sometimes, strategies need to be revised depending on market shifts. Even if they fail, there is always a reason to improve. Trying is very important, giving up is not on the agenda here.
Dec 23, 2022 at 05:55
Masticate posted:
Yes, they do. If you use the right strategy and you know how to make it profitable, it works. Make sure you are backtesting your strategy.
The word back-testing does a dis-service to what the testing should be ...Its better called strategic testing....are you tracking?
Trade For Big Pips Monthly Weekly Daily
Dec 29, 2022 at 08:20
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.
Member Since May 19, 2020
321 posts
Jan 25, 2023 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
Member Since Apr 14, 2022
47 posts
Jan 27, 2023 at 12:50
Finding a strategy that works for you is important because every trading strategy performs differently for many traders.
Member Since Aug 27, 2017
84 posts
Jan 30, 2023 at 02:35
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.
Member Since Jan 25, 2022
89 posts
Jan 30, 2023 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.
Feb 01, 2023 at 12:06
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.
Member Since Jan 31, 2023
13 posts
Feb 06, 2023 at 09:43
greed always kill strategies..
dom perignon
