best forex strategy for consistent profits

Nov 12, 2019 at 08:38
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23 Replies
Členem od Dec 24, 2018   12 příspěvků
Nov 12, 2019 at 08:38
Hello Traders,

I believe the key of Forex Trading is Less Than 15% Draw Down with a method which can makes money, So at the end of the Month, if someone makes 5% at least or up , I believe he is a Professional Forex Trader, do you agree for that ?
Členem od Jan 05, 2016   1189 příspěvků
Nov 13, 2019 at 08:39
MaxBuddy posted:
Hello Traders,

I believe the key of Forex Trading is Less Than 15% Draw Down with a method which can makes money, So at the end of the Month, if someone makes 5% at least or up , I believe he is a Professional Forex Trader, do you agree for that ?

High value hedge funds typically target somewhere in the 8% to 15% annual ROI.

You should consider the annual ROI rather than a monthly ROI as it gives a better overall view of the account across a larger range of market conditions.

My own target is 25% annual ROI.

If an investor has a Live account with $400,000.00 USD and returns a annual flat ROI of 25%, that's a annual return on your investment of $100,000.00

$100,000.00 / 12 months = $8,333.00 per month

Even in an expensive city like New York, a person can live a very comfortable life on $8000.00 a month income.
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Členem od Dec 24, 2018   12 příspěvků
Nov 13, 2019 at 18:49
Appreciate your Comments, its really worth to improve my knowledge as well as my Trading Pattern.
Členem od Oct 23, 2014   83 příspěvků
Nov 16, 2019 at 06:08
strategy for consistent profits; been testing types many this year a long with live trading.i really tried most except range trading which i am looking at the moment.the strange thing is the most consistent one is one everyone frowns upon is a martingale. mine needs 75 trades to break even; currently 523 trades with 2 losses in 11 months.just goes to show.being super aggressive can pay off.this is demo ;but only has few levels and only needs small account.the trick is do do what no else does.;for any system;dont follow the herd.i seen people make a lot of money with no indicators;others with.ideally you should have many types of systems so trending and ranging market dont make it useless.just my view.
Členem od Dec 24, 2018   12 příspěvků
Nov 17, 2019 at 13:36
Thanks for your comments, If I talk about my Trading Style/System, I am not using any kind of EA, Basically my system connected with some of Ordinary Indicators, My Target is some Profits with Less Draw-down, Actually if you do Forex as what you see on MT4 chat or any other Chat, most of the time, you wont be successful, To be a Successful Trader, my Personal idea and Experience is need to see things differently
Členem od Jan 05, 2016   1189 příspěvků
Nov 22, 2019 at 01:00
The best way to make money and to keep it, is to use strict Risk Management and set realistic goals for your trading.

The one thing that sets a profitable investor apart from an investor with a blown account is RISK MANAGEMENT.

Risk Management is the #1 priority above all else.
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Členem od Jul 23, 2019   23 příspěvků
Feb 07, 2020 at 18:55
The Best is manage your profit and loss perdays
Take 1 pair you have known well and news
Single Entry and TP dan SL
Money Management and Risk Management
Open trade only for target.
If loss in target dont be silly keep trade, and you must trade tomorrow

Regards
Be Best Trader And Got Money
Členem od Dec 24, 2018   12 příspěvků
Feb 11, 2020 at 15:24
Appreciate about Sharing us with your Great Knowledge
Členem od Sep 20, 2019   28 příspěvků
May 13, 2020 at 15:40
Yes, I agree with that. Most people think that trading is a constant profit and successfully closed deals. But at the end of the month when we summarize the amount of profits and losses, sometimes a successful month is not to go into negative balance. And if you go into positive balance for several months in a row, then congratulations... you can be considered a professional trader! :)
forex_trader_745947
Členem od Jul 08, 2019   57 příspěvků
May 13, 2020 at 16:24
Nothing is fixed on fx-market there's no supreme rule
forex_trader_745947
Členem od Jul 08, 2019   57 příspěvků
May 13, 2020 at 16:30
Professional4X

A trader with balance 1k and a trader with balance with 400k both should not follow the same risk ratio and money management.
Nothing is fixed in fx market and there's no supreme rule for everyone.
Thanks
Členem od Dec 24, 2018   12 příspěvků
May 17, 2020 at 06:59
Forex is Always Risky, even for Professional Traders, As a Safe Trader, Can Make Profits Longer, than others who are trying to be Billionaires Over Night, Like Cricketer who is Playing Cricket According to the Book, he will Play Longer than Speed Player who is Looking for Runs each and every Strike, Thanks
Členem od May 13, 2020   128 příspěvků
May 24, 2020 at 04:06
To work out the best strategy for trading, you can see the professionals
PROFITINGSYSTEMS
forex_trader_1579982
Členem od Jun 04, 2020   48 příspěvků
Jun 14, 2020 at 13:41
MaxBuddy posted:
Hello Traders,

I believe the key of Forex Trading is Less Than 15% Draw Down with a method which can makes money, So at the end of the Month, if someone makes 5% at least or up , I believe he is a Professional Forex Trader, do you agree for that ?
SoTraders hit 35% Draw Down and still make great profits monthly, some 25% some less than 20% while some 10% and still make great earnings.
The main thing you should be worried about is being consistence with good risk management, or achieving big profits with very low risks and don't give back your profit to The market (My most precious Style), build up your profits and you will be in the league of best Traders aka Successful Traders.
Členem od Jun 22, 2020   4 příspěvků
Jun 24, 2020 at 10:25
Try out different strategies, backtest your strategies and work hard on it. Consistent profits is hard to say because losses are also a part of trading but more of profits can definitely be earned.
Členem od Apr 04, 2020   57 příspěvků
Jul 08, 2020 at 05:35
At first, we use other people's strategies, but when we learn to develop our own, then the result is better. I started developing my own strategy as early as possible and we always test it on the Amarkets demo account.
Členem od May 24, 2020   112 příspěvků
Jul 10, 2020 at 06:23
Strategies should always be well developed and tested.
Členem od Feb 09, 2020   26 příspěvků
Jul 15, 2020 at 18:07
As for me, there is no better or perfect strategy for profitable or consistent trading or any other kind of trading. All you can do is make sure that the strategy is more or less suitable for you, the trading conditions with which you are working and the type of your account. Everything else is up to you, not a strategy. It is up to you how this or that strategy works in your account. Think about it!
Členem od Apr 04, 2020   57 příspěvků
Jul 16, 2020 at 06:05
The strategy will then be good when you work out and test it yourself.
Členem od Oct 01, 2019   49 příspěvků
Jul 26, 2020 at 01:36
You could make 15% a year trading like once or twice a month with 1-2% risk. The best way to become consistent is to do the same thing everyday. Then you can look back and see what works, and what doesn't.
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