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Strategy and Forex
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Kazile

Member Since Apr 25, 2020  61 posts Kazile Aug 27 at 05:52
Initially, beginners should understand that trading without a strategy is impossible and you need to learn how to create it.

Shelby10

Member Since Jul 15, 2020  53 posts Shelby10 Aug 28 at 20:19
To become successful in this market, you need to make a profitable strategy. Without any strategy you can face a huge los.

Evelyn55

Member Since Apr 28, 2020  43 posts Evelyn55 Aug 29 at 07:03
Shelby10 posted:
To become successful in this market, you need to make a profitable strategy. Without any strategy you can face a huge los.

Also, testing strategies on demo is also very important. Many traders miss that.

LyudmilLukanov

Member Since Jul 23, 2020  51 posts LyudmilLukanov Sep 15 at 04:18
There are lot of trading strategy in trading. Trader should follow according to their preference. As example, scalping is short time trading strategy. So, those who don’t have enough time they can try this kind of strategy.

Dictiony

Member Since Apr 01, 2020  114 posts Dictiony Sep 16 at 00:56
Well said, if you have good money managment then you can be a profitable trader very easily. But sorry to say that most of the new trader do not have good money managment and strategy so they often fails in Forex.

FxTWW

Member Since Jan 30, 2017  8 posts Syed Ali Arsalan (FxTWW) Sep 16 at 05:45
New traders mostly fails due to lack of practice on demo accounts. I think one should must take proper practice and then came to real accounts for profit. I also have practice many years on demo account and now I am gaining a lot from forex trading.

Be Safe Always
AliaDare

Member Since Jul 19, 2020  77 posts AliaDare Sep 17 at 01:18
No matter how good the strategy is in trading if money management and risk management are not followed, it is never possible to achieve success by trading. Many successful traders pay more attention to discipline than strategy. Many traders have not been able to make a profit even after trading for a long time. Because they are very emotional about trading and they never follow money and risk management

Tradelist45

Member Since Jun 26, 2020  30 posts Tradelist45 Sep 17 at 06:50
i have seen the result we get from our trading strategies , its not all about permanent something, we have to build more strong money management to keep consistent.

FastAudi

Member Since Oct 03, 2018  10 posts FastAudi Sep 17 at 09:35
Money management and being flexible with strategies to take into account changing market conditions

Roberto21

Member Since May 02, 2019  289 posts Roberto21 Sep 17 at 09:46
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.

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EURUSD 1.1746 GBPUSD 1.28949
USDJPY 105.547 USDCAD 1.32805

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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.