Does forex strategies usually work>

Nov 09, 2020 at 02:23
6,355 Views
151 Replies
Member Since Feb 04, 2023   20 posts
Feb 07, 2023 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.
Member Since May 07, 2022   40 posts
Feb 09, 2023 at 07:42
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.
Member Since Jun 26, 2020   327 posts
Feb 09, 2023 at 09:07
thanks for your post , got some fine lines.
Member Since Apr 03, 2021   470 posts
Feb 09, 2023 at 22:37

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.
Member Since Feb 23, 2021   16 posts
Feb 13, 2023 at 08:01
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.
Member Since Aug 19, 2021   240 posts
Mar 15, 2023 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.
Member Since Jan 12, 2023   20 posts
Mar 18, 2023 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.
Member Since Jan 23, 2023   18 posts
Mar 21, 2023 at 12:57
Yeah, of course, trading strategies do work.
Member Since May 02, 2022   38 posts
Mar 22, 2023 at 04:42
Yeah it can work but it also depends on factors such as market conditions, trader's risk tolerance and skill level.
Member Since Sep 19, 2021   4 posts
Mar 22, 2023 at 13:42
Yes. But do not confuse strategies with indicators.

Market structure and price action is king.
Member Since Aug 19, 2021   240 posts
Mar 22, 2023 at 14:00
Oh why so serious?? What is such neglect of indicators? Did they hurt you? lol.
forex_trader_3226709
Member Since Mar 23, 2023   35 posts
Mar 25, 2023 at 18:53
Yes forex strategies work. I have been using same strategy but tweak it with the market direction.

Same way of taking profits, over a decade and counting. Built my wealth trading.

Full time trader and I'm happy about it.

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