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Strategy and Forex
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Mohammadi

Member Since Aug 11, 2017  736 posts Mohammadi Jul 16 at 06:47
Practically in order to our trading understanding we the traders choose our trading strategies. According to me , if you want to get maximal result by your trading strategy , first of all you have make sure the proper money management approach , otherwise that’s not possible at all to make profit at all with great consistency despite of most powerful analyzing trading strategy. so, it is more important to know how to manage money in Forex trading.

EllisParker

Member Since Jun 24, 2020  19 posts EllisParker Jul 16 at 06:50
Well said mate. Managing money is one of the most important things for any tarders. But sadly many people don't spend quality time on formulating sound money management strategies. I believe results would be better, if we emphasize more on it.

Duranh

Member Since Aug 16, 2019  12 posts Duranh Jul 16 at 14:02
Coming up with the best trading strategy does not have to be a big deal. It is just that it takes time for you time find out the strategy that works for you. everyone is unique and you should therefore not copy another persons trading strategy. Experience will make you relaise the best strategy. You have to take things slow and focus on what you want.

Thorgahuginn

Member Since Jan 01, 2020  12 posts Thorgahuginn Jul 16 at 14:25
It took me quite some time before I realised the best trading strategy for me. It takes practice and patience. If you want to develop a very good trading strategy then you need to develop it while you are still in your demo account. Do not rush into trading until you have a strategy that you are sure of.

lavis_book

Member Since Jul 09, 2019  34 posts lavis_book Jul 17 at 10:26
Thorgahuginn posted:
It took me quite some time before I realised the best trading strategy for me. It takes practice and patience. If you want to develop a very good trading strategy then you need to develop it while you are still in your demo account. Do not rush into trading until you have a strategy that you are sure of.


Yes. We have to ourselves find the right strategy for ourselves though it may take time but in order to be profitable we have to keep our calm and work for it.

pleasingoink

Member Since Sep 27, 2019  10 posts pleasingoink Jul 17 at 10:55
An old Forex trader once told me that the only strategy you need is to keep adapting. The markets are always changing so it pays to keep up

Imamul

Member Since Aug 09, 2017  482 posts Imamul Jul 18 at 07:31
The best part of the forex strategy is money management –make sure every time you trade , you don’t risk more than 2-3% of you account otherwise you will break your account pretty soon. I learned that lesson from my own experience.

Tradelist45

Member Since Jun 26, 2020  10 posts Tradelist45 Jul 19 at 06:38
I have seen despite of a profitable trading policy scalping cannot use in a proper way due to many restrictions. So we the traders who are particularly scalpers always have to be more careful when choosing a broker. Scalping will be successful when you could make sure lowest trading spreads which is very supportive to make profit with certainly by scalping that brings profit in a short time.

Gavik

Member Since Apr 28, 2020  5 posts Gavik Jul 22 at 18:36
There are many ready-made trading strategies on the market, both simple and quite complex and understandable only to professionals. Beginners, as a rule, begin trading using a ready-made trading strategy, and not the most complex one. However, over time, almost each of them understands that trading is truly effective only with a strategy developed personally, based on their own experience and preferences.
Regardless of whether a trader creates a strategy from scratch or modifies a ready-made one, it is necessary that it suits his character and type of account.

AmDiab

Member Since Apr 18, 2017  652 posts AmDiab Jul 22 at 20:08
all trading strategy is really good enough if you have most powerful analyzing trade knowledge and experience with real money management.

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