What is your trading strategy ?

Oct 27, 2017 at 10:14
7,330 Views
137 Replies
Member Since Dec 14, 2020   18 posts
Feb 10, 2021 at 05:27
Yes, selecting what strategy to use for a trade is my favourite thing to do and I keep trying new ones. So far, I like scalping and I’m practising how to trade it well.
Member Since Feb 12, 2019   105 posts
Feb 18, 2021 at 23:42
Justice1024 posted:
My trading strategy includes several accounts with differrent margin level for differrent timeframes.
Nice your covering all bases must require a lot of work to manage them all
Member Since May 24, 2020   112 posts
Mar 28, 2021 at 11:31
Recently, I started trading on news very interestingly and quite effectively, but you need to be as focused as possible.
Member Since Apr 02, 2021   10 posts
Apr 16, 2021 at 05:00
Yes, a trading strategy forms an integral part of a trader’s life specially when they have to keep making profits in the forex market.
Member Since Aug 11, 2017   886 posts
Apr 16, 2021 at 06:48
we need most powerful analyzing trading strategy so that we can bring good amount of profit by trading .
Member Since Apr 16, 2021   8 posts
Apr 16, 2021 at 09:35
Trading strategy is hardest thing in forex to get. It is easy to learn risk management and patience but finding strategy that work is so hard
Member Since Jun 08, 2020   44 posts
Apr 16, 2021 at 16:18
The only strategy I find profitable until now is the Price Action trading strategy because it can be utilised for a long, medium or short-term period. I can also use several time frames for analysis.
Member Since Apr 15, 2020   219 posts
Apr 20, 2021 at 07:08
Duktilar posted:
Recently, I started trading on news very interestingly and quite effectively, but you need to be as focused as possible.
Also, you need to be extra careful with the spreads as they generally widen during news release.
The more your practice, the more you learn.
Member Since May 24, 2020   112 posts
May 24, 2021 at 13:08
Now I mainly work on long-term trading, because this has its own benefits.
Member Since May 21, 2021   5 posts
Jun 04, 2021 at 19:28
I work with a statistics-based trading approach. I only focus on a single currency pair and try to profit off of it, doesn't matter if market is bullish or bearish. My risk per trade is 4.5% of my equity, which is a little bit compared with what most Forex education teach us. But it's all part of my overall long-term plan.
“The secret of getting ahead is getting started.” – Mark Twain
Member Since Jul 23, 2020   869 posts
Jun 07, 2021 at 17:48
it does not matter what strategy you are using. only matter is how well you are executing it.
Member Since Nov 16, 2020   55 posts
Jul 04, 2021 at 06:24
Now I mainly use a hedging strategy, and this does not help to make good money.
Member Since Nov 23, 2020   46 posts
Jul 10, 2021 at 04:58
Regardless of which trading strategy is very popular, you should still choose the one that will satisfy you.
Member Since Apr 15, 2020   219 posts
Jul 12, 2021 at 04:50
Aurisida posted:
Regardless of which trading strategy is very popular, you should still choose the one that will satisfy you.
Exactly..... couldn't agree more.
The more your practice, the more you learn.
Member Since Jul 07, 2021   41 posts
Jul 12, 2021 at 12:11
I suggest having a strategy that is not too rigid and that reflects your goals and your personality as a trader especially with regards to how much risks you are willing to take.
Member Since Jul 01, 2015   57 posts
Jul 12, 2021 at 18:33
I suggest trading the trend personally. I use several different time frames as well as several different indicators that must much up in order to determine the trend change. I developed an EA that does just that.

Member Since Aug 09, 2017   785 posts
Jul 16, 2021 at 10:08
any kind of trading strategy can be useless if there is no money management.
Member Since Apr 15, 2020   219 posts
Jul 19, 2021 at 04:34
Money management is the core of trading. Without managyour capital a trader cannot succed in forex trading.
The more your practice, the more you learn.
Member Since Apr 03, 2021   13 posts
Jul 19, 2021 at 18:43
In my opinion, the newcomer entering the market does not need to focus on the trading strategy, as this is very relative. There are many options for strategies that will suit your operational needs, such as time, bank size, trading hours, trader profile...

I see a lot of talk about strategy, but I don't see them talking about the basis of the market, what moves the price, what is the behavior of the price, because on certain days the price shoots up to 1000 points and on other days it doesn't exceed 100 points.

For a novice, this information is important, it is necessary to know how the market works, as a doctor needs to know how the human body works. And with this information, then he will seek to adapt to an operational strategy.
Member Since Apr 25, 2020   119 posts
Jul 20, 2021 at 07:11
DjanLuis posted:
In my opinion, the newcomer entering the market does not need to focus on the trading strategy, as this is very relative. There are many options for strategies that will suit your operational needs, such as time, bank size, trading hours, trader profile...

I see a lot of talk about strategy, but I don't see them talking about the basis of the market, what moves the price, what is the behavior of the price, because on certain days the price shoots up to 1000 points and on other days it doesn't exceed 100 points.

For a novice, this information is important, it is necessary to know how the market works, as a doctor needs to know how the human body works. And with this information, then he will seek to adapt to an operational strategy.

Knowing the market literally, understanding everything - this, of course, is the initial task of every beginner, but still I want to earn and see the result, so I believe that the opportunity to earn money using the RAMM service gives a good impetus for everyone.
Sign In / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.