No strategies can help you unless you don't know how to make it culminate with your trading personality. The market is industriously changing and you have to fit in with these developments. At any rate you anticipated that would do this beginning at starting late. Most techniques quit working when market conditions change and you have to modify the way how you're utilizing your trading framework. Better to make sense of how to make your own specific approach. In the occasion that will save you in all sort of markets.
Yes you are right. We need to customize the strategy according to the changing market scenario. Success of strategy also depends on how we use it. Most people do not use the strategy properly. They want to open trade if the strategy is not giving any signals.
Many strategies of Forex market analysis need to be used. Because the market often behaves differently. So the strategy should be updated all the time. I agree with you. If a trader does not use the strategy properly, he will never be able to make a profit.
Strategy is the main thing to make profit from this market. If your strategy suits you, you can become successful in a short time. But if you dont't have any knowledge about trading, no strategy can help you to make money from this market.
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.
Past performance is not indicative of future results.