Jordan5ith posted: These days, traders can use many trading strategies, but the only problem is money management. If you are looking for maximum results on your trading strategy, you better understand the right money management approach.
To make huge amount of profit you need a professional mindset and skills. Without skills consistent profit is not possible. Most traders forget this simple thing. They run for strategy without making themselves knowledgeable.
marnuslabushane posted: Looking for a profitable strategy so that I can stick to it like all the other traders out there. Any suggestions?
Sure, there are so many strategies that you can try your hands on. Use different timeframes on demo and find the one for you. RSI, Price action, Scalping, Range trading, Position trading, Trend trading, Day and Swing trading. Even the Carry trade strategy works considering the low and high rates of different currencies. You can keep exploring more of these and work hard until you arrive at a profitable strategy.
I’m working on some great strategies on my demos these days. Can’t share much details since it is a work in progress. I’m using daily time frames and let’s just say that the indicators are the best thing for me right now. Got demos with Cmc markets, Etoro and Fxview. Let’s see where it goes from here. Happy trading!
harrymartinez posted: I’m working on some great strategies on my demos these days. Can’t share much details since it is a work in progress. I’m using daily time frames and let’s just say that the indicators are the best thing for me right now. Got demos with Cmc markets, Etoro and Fxview. Let’s see where it goes from here. Happy trading!
I wish you all the best in your journey. Just stay focussed and you’ll do good :)
What Is a Forex Trading Strategy? A forex trading strategy is a technique used by a forex trader to determine whether to buy or sell a currency pair at any given time. Forex trading strategies can be based on technical analysis or fundamental, news-based events.
Thorgahuginn posted: It took me quite some time before I realised the best trading strategy for me. It takes practice and patience. If you want to develop a very good trading strategy then you need to develop it while you are still in your demo account. Do not rush into trading until you have a strategy that you are sure of.
Me too, it took a long time for me to tweak a strategy that is in line with my psychology and comfort level in risk and also holding time. Its a process many leave before even starting
AVERTISSEMENT SUR LE RISQUE ÉLEVÉ : Le trading de devises comporte un niveau de risque élevé qui peut ne pas convenir à tous les investisseurs.
Leffet de levier crée un risque supplémentaire et une exposition aux pertes. Avant de décider de négocier des devises, examinez attentivement vos objectifs dinvestissement, votre niveau dexpérience et votre tolérance au risque.
Vous pourriez perdre une partie ou la totalité de votre investissement initial. Ninvestissez pas largent que vous ne pouvez pas vous permettre de perdre. Renseignez-vous sur les risques associés au trading de devises et demandez conseil à un conseiller financier ou fiscal indépendant si vous avez des questions.
Toutes les données et informations sont fournies "en létat", uniquement à titre dinformation, et ne sont pas destinées à des fins de trading ou de recommandation.
Les performances passées ne sont pas indicatives des résultats futurs.