The less complicated trading system is the best methodology. There are heap of people who like confounded trading system. I think everything depends on individuals. Find what you are good at, use that. No matter whether it is simple or complicated strategy.
Nov 23 2020 at 20:10
To make money from this market, you need proper knowledge and skills. Without knowledge, you can not make money from this market.
Of course, many people use basic strategies and achieve excellent results. This is a fact. Just choose what you like.
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Money management and risk management should be maintained to make money in the Forex market. It is never possible to become a profitable trader without acquiring trading knowledge.
You can make your own strategy and plan and start making good profit in Forex trading.
Nov 30 2020 at 03:30
Shardie posted:That's absolutely true. Many traders use only price action without any indicator and even achieve excellent results.
Of course, many people use basic strategies and achieve excellent results. This is a fact. Just choose what you like.
Nov 30 2020 at 04:24
Shardie posted:There is no rule like, more complicated the strategy more the profits. Its funny if people think that way. 😀 In fact, using complicated strategies results in a lot of confusion which further leads to losses. Its better to keep a strategy simple and grab in all the meat. 😈
Of course, many people use basic strategies and achieve excellent results. This is a fact. Just choose what you like.
The more your practice, the more you learn.
LyudmilLukanov posted:Shardie posted:That's absolutely true. Many traders use only price action without any indicator and even achieve excellent results.
Of course, many people use basic strategies and achieve excellent results. This is a fact. Just choose what you like.
Yes you are right. Even during a pandemic. Profitability indicators have increased
Even a complex approach can be divided into parts to understand it better.
And of course, practice-practice-practice. It is always useful.
And of course, practice-practice-practice. It is always useful.
It is never possible to make a trading profit without knowledge. A trader can make a lot of profit if he gathers knowledge through proper practice.
What difference does it make if you make money. New strategies appear every day and you are free to choose and experiment.
Good luck!
Good luck!
Jan 05 2021 at 07:01
Yes, people keep trying strategies until they arrive at the one that will provide some profits in the future. Keeping it simple works for me.
As long as if it works for you, then that is the best strategy for you. Don't let other opinions change your view.
May 25 2021 at 21:44
Simple is better in every sector. Forex is no different.
Simple trading strategy is good. Newbies should not go for complicated strategy. But it is also true that the best strategy is the strategy that you understand the most.
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Sep 06 2021 at 21:11
SofieAndreasen posted:Yes. I agree with you.
Simple is better in every sector. Forex is no different.
Forex trading is like as art business, there are so many trading strategies in forex trading, but trader have own selection to choose an appropriate trading strategy, a simple trading strategy is an easy way to make plan trading, complicated trading strategy not guarantee if then will always profitable, but trader need to make trial and error to become profitable trader, they learn detail for every single mistake
Sep 07 2021 at 10:36
Simple strategies do NOT work. I know that we all want them to work but if they did then we would all be rich. Just think about that. Only complex strategies work. That may be difficult to hear but it is the truth
cranberrythekid posted:well, you can't say that all the options will not work
Simple strategies do NOT work. I know that we all want them to work but if they did then we would all be rich. Just think about that. Only complex strategies work. That may be difficult to hear but it is the truth
