Your strategy will be of the utmost importance for this. A lot of traders trade using trends and that works for them. The leverage size and time frame affect the trade as well.
Trading in the trending market is very profitable. Once you pick the trend you are good to go. But the problem is any pair doesn't trend all the time. A good amount of time price remains in range bound. That's why we need to be expert in both kind of markets.
Oct 26 2020 at 07:45
If you are trading against the market, the price always falls when you are trading. Try to learn more about the market trends.
If you are going to trade according to the current trends then you need to be in the know at all times because trends do not stay the same for long. They Always keep changing and staying in trend may prove to be difficult. It is however possible.
Nov 05 2020 at 07:05
Make sure you have tried different strategies and then use the best one. It can be very profitable to trade while the market is trending. Even though it is somewhat risky, you can still get returns.
Nov 05 2020 at 11:52
It is your strategy on which your trading success depends. I am such a trader who keeps a check on the trends to make my decisions.
Trading while the market is trending can really be profitable. You can pick a strategy and stick with it throughout in order to get consistent profits. You can also practice on demo to see what strategy suits your trade.
Nov 06 2020 at 12:04
I keep an eye on the economic calendars to stay updated with the latest trading trends.
Nov 23 2020 at 06:18
Your strategy has the biggest role to play in your earnings in the forex market. Without the right strategy, you can’t go far.
Nov 26 2020 at 07:50
Your strategy has to play an important role in your trading experience. Be wise while building your strategy.
