Rating: Empty Star Empty Star Empty Star Empty Star Empty Star
Newbie ans strategy
Previous 1 2 Next
Admoni

Member Since Aug 09, 2017  95 posts Admoni Sep 22 2017 at 07:02
Practically, every trade should develop his own trading strategy for ensuring successful trading life. This is because no two people are identical and they may have different trading styles and attitude towards the Forex market. A trading plan should emphasize the safety of our capital and should not take more risk than we can afford to lose without getting mentally disturbed.

Admoni

Member Since Aug 09, 2017  95 posts Admoni Sep 24 2017 at 06:27
In Forex trading , When looking for a scalping broker first of all make sure the broker has lowest trading spreads or not. Because for using scalping in a proper way there is no way to ensure lowest trading spreads,

AmDiab

Member Since Apr 18, 2017  182 posts AmDiab Sep 24 2017 at 06:45
Yes, particular trading plan is important! But, I am not using here any manual trading strategy! I am working with most popular trading strategy called Price Action! But I have a fixed trading plan in my trading.

AniLorak

Member Since Apr 18, 2017  188 posts AniLorak Sep 24 2017 at 06:45
You are absolutely right! Having a particular trading plan is very important! Many new traders start their live trading without having any plan unless money making! They are the greedy traders as well as the losers!

Mohammadi

Member Since Aug 11, 2017  118 posts Mohammadi Oct 27 2017 at 10:14
This market is too much volatile and there is nobody who can predict the real faction of this market with certainly , that’s why for keeping survive in here we the traders have to depend on our trading strategies that we select according to our trading experience. First of all we traders have to ensure real money managing plan if we get maximal result by our trading strategies.

AniLorak

Member Since Apr 18, 2017  188 posts AniLorak Oct 27 2017 at 12:07
Mohammadi posted:
This market is too much volatile and there is nobody who can predict the real faction of this market with certainly , that’s why for keeping survive in here we the traders have to depend on our trading strategies that we select according to our trading experience. First of all we traders have to ensure real money managing plan if we get maximal result by our trading strategies.


Yes, it’s an unpredictable market! But, for being a good performer you need to have a specific trading system and trading plan! By the way, I agree with your opinion on money management.

mlawson71

Member Since Dec 11, 2015  1324 posts mlawson71 Oct 27 2017 at 13:08
Very few people actually develop their own trading strategy from scratch. Usually most traders use a strategy they've either found or they modify a strategy that they have already found.

Admoni

Member Since Aug 09, 2017  95 posts Admoni Oct 30 2017 at 15:33
The success is depend on your trading knowledge , on the other hand despite of good trading knowledge that’s not possible at all to make profit with great consistency if you don’t have a reliable support from a credible trading broker , because the broker can affects the result of our trading with certainly.

YuTsai

Member Since Sep 22, 2017  6 posts MoneyPumpRobot (YuTsai) Oct 31 2017 at 08:45
If everyone use same strategy, there will no trading business. Inovation is the key for success in any industries.

yu.caiyu.tsai@
MiguelMM

Member Since Oct 31, 2017  10 posts MiguelMM Oct 31 2017 at 15:52
Why would trading not work if everyone used the same strategy?

Previous 1 2 Next
BCCH Interest Rate (1h 19min)
How high can oil prices go? - NBF(6 min ago)
EURUSD 1.22734 GBPUSD 1.37961
USDJPY 110.313 USDCAD 1.24297
FxPro

Tools

Community

Reviews

Brokers

Platform

Support


Twitter |  Facebook |  Site Map  |  Terms  |   Privacy Policy
©2014 Myfxbook Ltd. All Rights Reserved.
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.