Does forex strategies usually work>
Membre depuis Oct 04, 2022
posts 15
Oct 27, 2022 at 12:16
Yes. They do, if your trading strategy is good and has an edge. Always test your trading strategies on a demo account before you trade live.
Oct 27, 2022 at 12:28
In most cases it does. Numerous traders have developed a number of trading methods to aid you in making wise choices.However, each trader must determine which Forex trading method best fits their trading style and risk appetite. One size does not, in the end, fit everyone.
Membre depuis Jul 20, 2020
posts 399
Oct 27, 2022 at 15:38
LabuyaChicay posted:
Forex’ high volatility has made the market uncertain and TP and SL using can be a technique to shield against big losses.
This is so key, it's all about having a solid plan and making sure you stick to it over and over again. It protects capital and grows accounts
Membre depuis Jun 27, 2019
posts 13
Nov 15, 2022 at 14:09
For any strategy you need to test on a demo account to find if it works. Many, in fact most do not.
Membre depuis Feb 16, 2022
posts 119
Dec 06, 2022 at 18:17
Don’t open a trade in a jiffy right after earning profit from a trade because majority of the traders get losses just because of their excitement.
Dec 19, 2022 at 08:24
Tr_Sheenu014 posted:Of course timing is very important while trading. In order to arrive at the correct points, you must analyse and perform numerous difficult calculations. Enter when you believe it to be the proper moment, whether it be short or long. When you think you've made enough money, stop right there. Don’t be trapped in greed or fear, they’ll ruin your trading.
Yes, it works if you thoroughly research the market, develop a good trading strategy, and put it into action when the time is right.
Dec 20, 2022 at 09:39
indelible posted:Forex strategies do work but traders need to learn how to keep an open mind to make the right decisions. Sometimes, strategies need to be revised depending on market shifts. Even if they fail, there is always a reason to improve. Trying is very important, giving up is not on the agenda here.
'Does forex strategies usually work?' - In short NO. Most fail. Some work, some of the time. FX is hard. It takes time
BigPips Trades (DonTW)
Membre depuis Jul 28, 2015
posts 14
Dec 23, 2022 at 05:55
Masticate posted:
Yes, they do. If you use the right strategy and you know how to make it profitable, it works. Make sure you are backtesting your strategy.
The word back-testing does a dis-service to what the testing should be ...Its better called strategic testing....are you tracking?
Trade For Big Pips Monthly Weekly Daily
Dec 29, 2022 at 08:20
Trading strategies are methods of profiting in the current market conditions. Every trader who is looking for a profitable trading strategy should devise his or her own trading strategy based on his or her trading goals and objectives. Effective trading strategies are required for profitable trading.
