What is your trading strategy ?
Apr 20, 2021 at 07:08
Duktilar posted:Also, you need to be extra careful with the spreads as they generally widen during news release.
Recently, I started trading on news very interestingly and quite effectively, but you need to be as focused as possible.
The more your practice, the more you learn.
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
Mitglied seit 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.
Mitglied seit 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.
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.
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.
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.
Mitglied seit Jun 07, 2021
72 Posts
Jul 26, 2021 at 05:50
Strategies in trading are immensely important for carrying out successful trade. Without proper strategies, it is almost impossible to be a successful trader.
Mitglied seit Jul 23, 2020
759 Posts
Aug 05, 2021 at 16:01
I am a scalper. Because I traded as a part-timer and I don’t have a long time to trade.
Aug 21, 2021 at 13:02
Mohammadi posted:
The trading strategy is really important to make profit with consistency. Basically according to our trading understanding we the traders have to select our trading strategies. It would be really great if we choose the broker which is more appropriate to the concept of trading that will be used , the traders who are scalpers have to choose the broker which allows trading concept such as this.
Strategy is very important. I think a lot of people try following a strategy first instead of learning first. In my experience it’s best to learn everything and all you can after which a strategy will begin to form. After some further experience in testing you will continue to finalise that strategy until you have something that is quite affective
