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Are there secret forex strategies in the forex market?
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AniLorak

Member Since Apr 18, 2017  885 posts AniLorak Aug 23 2019 at 15:48
Grole posted:
There is one trade secret: there are no secrets.
Everyone chooses his own strategy. The strategy may be unsuccessful, or it may be profitable. It must be remembered that the market is changing and a successful strategy can turn into a failure.
Experiment and find your strategy.


I got your point; really depending on any specific setup is an illusion! There have so many parameters that we need to consider to open a new trade; so depending on few technical tool is meaningless here!

Vanquish

Member Since Nov 12, 2016  11 posts iMetaTrade (Vanquish) Aug 29 2019 at 07:24
I'd say no! But there are free Ebooks available from the database at ' iMetaTrade ' covering well known profitable strategies!

iMetaTrade
flashoutline

Member Since Aug 29, 2019  11 posts flashoutline Aug 29 2019 at 09:58
Vanquish posted:
I'd say no! But there are free Ebooks available from the database at ' iMetaTrade ' covering well known profitable strategies!


If these strategies are so profitable then why doesn't someone just code them into an EA and make a billionbucks

AmDiab

Member Since Apr 18, 2017  674 posts AmDiab Aug 29 2019 at 16:12
flashoutline posted:
Vanquish posted:
I'd say no! But there are free Ebooks available from the database at ' iMetaTrade ' covering well known profitable strategies!


If these strategies are so profitable then why doesn't someone just code them into an EA and make a billionbucks


True; this is why, I always prefer manual trading! Because, depending on others trading system is meaningless!

Baazex

Member Since Oct 24, 2019  45 posts Wiame (Baazex) Nov 26 2019 at 12:00
For a successful trading career you have to work step by step first learning , create a plan , focus and stick on the plan and make sure its accurate and according to the risk management aspects

Revenue is vanity, profit is sanity, but cash is king
rickyb

Member Since Oct 23, 2014  78 posts rickyb Nov 27 2019 at 03:55
Are there secret forex strategies in the forex market? answer yes; from experience making my own ea;s robots;i have made 2-3 that i searched internet and found nothing even close to mine.so there must be people with secret methods.99 percent of trading methods use indicators for a start.indicators were started for sharemarket.i use candlesticks open/close combined with speed of price movement. plus price high and lows.there many ways to trade without indicators.some people use volume even though there is no one single exchange.some big players have computers that troll the internet looking at peoples picks;other people troll news using computers to make picks.a good coder can do all these things for right price.i am sure some traders use indicators and make money long term less than 1 percent. but i think traders should stay away from them. years ago when interests rates were high carry trades were just about bulletproof.for example there was 5 percent difference between nz/usd pair bank interests rates.who knows what grid and martingale methods that are being used to make money;with variables mainstream traders. know nothing about.all a trader needs is a edge to money just a little. one.if you worry about brokers costs and tricks use big stop losses and take profit. trades take longer though.

togr

Member Since Feb 22, 2011  4838 posts vontogr (togr) Nov 27 2019 at 08:25
rickyb posted:
Are there secret forex strategies in the forex market? answer yes; from experience making my own ea;s robots;i have made 2-3 that i searched internet and found nothing even close to mine.so there must be people with secret methods.99 percent of trading methods use indicators for a start.indicators were started for sharemarket.i use candlesticks open/close combined with speed of price movement. plus price high and lows.there many ways to trade without indicators.some people use volume even though there is no one single exchange.some big players have computers that troll the internet looking at peoples picks;other people troll news using computers to make picks.a good coder can do all these things for right price.i am sure some traders use indicators and make money long term less than 1 percent. but i think traders should stay away from them. years ago when interests rates were high carry trades were just about bulletproof.for example there was 5 percent difference between nz/usd pair bank interests rates.who knows what grid and martingale methods that are being used to make money;with variables mainstream traders. know nothing about.all a trader needs is a edge to money just a little. one.if you worry about brokers costs and tricks use big stop losses and take profit. trades take longer though.

This user doesn't share any systems currently.

KaneRenny

Member Since Nov 30, 2019  5 posts KaneRenny Nov 30 2019 at 04:25
jonathan89park posted:
does not take breaks


AmDiab

Member Since Apr 18, 2017  674 posts AmDiab Nov 30 2019 at 06:31
Baazex posted:
For a successful trading career you have to work step by step first learning , create a plan , focus and stick on the plan and make sure its accurate and according to the risk management aspects


Learning is the key; no doubt on it! Besides, having a good trading strategy is very crucial; without having it the journey will be so painful!

SebastianPawl

Member Since Dec 15, 2019  16 posts SebastianPawl Feb 02 at 15:49
There are no secrets totally, just plain practice about everything. Can we make it possible or not? Let's talk to all other people that all of that is simply untrue no matter how hard they will try they will get only this in return anyway. Big thanks!

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