Does forex strategies usually work>

Strategies always works if you are aware about the market trends.

Amber_0302 posted:
Strategies always works if you are aware about the market trends.

yes got to know that and working upon different strategies in my demo account.

Every trader is different and so are his trading goals. Don’t feel disheartened if you are not making now because you will when your time comes.

It is not at all a myth. Forex traders make good use of these strategies in order to gain profits. It is important to use a good strategy.

Yes, it works if you can properly use it in your trading. Many traders lose their money because of using wrong strategies.

Harshalmark09 posted:
Every trader is different and so are his trading goals. Don’t feel disheartened if you are not making now because you will when your time comes.

surely i will never loose hope and faithe

EbonyJones posted:
Yes, it works if you can properly use it in your trading. Many traders lose their money because of using wrong strategies.

great will keep that in my mind, and testing strategies in my demo account works fine till now.

EbonyJones posted:
Yes, it works if you can properly use it in your trading. Many traders lose their money because of using wrong strategies.

I will keep this in mind.

Amber_0302 posted:
Strategies always works if you are aware about the market trends.

rightly said as i am making my own custom strategies.

Forex trading is hard, don't expect to make money after you read blogs or articles or basic education. The information on the internet is good to get started but to be profitable, you need experience and a solid system.

azmanpay124 posted:
Forex trading is hard, don't expect to make money after you read blogs or articles or basic education. The information on the internet is good to get started but to be profitable, you need experience and a solid system.

yea i know that is why i am skeptical to put real money into this

azmanpay124 posted:
Forex trading is hard, don't expect to make money after you read blogs or articles or basic education. The information on the internet is good to get started but to be profitable, you need experience and a solid system.

true that. one should not be impacted by looking at this and start to aim big profits. it needs hardwork and research

Gracewilson1995 posted:

azmanpay124 posted:
Forex trading is hard, don't expect to make money after you read blogs or articles or basic education. The information on the internet is good to get started but to be profitable, you need experience and a solid system.

true that. one should not be impacted by looking at this and start to aim big profits. it needs hardwork and research

true one should not loose hope.

azmanpay124 posted:
Forex trading is hard, don't expect to make money after you read blogs or articles or basic education. The information on the internet is good to get started but to be profitable, you need experience and a solid system.

yea i know but education is must for trading

azmanpay124 posted:
Forex trading is hard, don't expect to make money after you read blogs or articles or basic education. The information on the internet is good to get started but to be profitable, you need experience and a solid system.

True. Practice is essential in trading. So, demo trading is needed to test your skill.

LyudmilLukanov posted:

azmanpay124 posted:
Forex trading is hard, don't expect to make money after you read blogs or articles or basic education. The information on the internet is good to get started but to be profitable, you need experience and a solid system.

True. Practice is essential in trading. So, demo trading is needed to test your skill.

rightly said

Most often, trading strategies are just a shell, and in fact, dummies. There are a small number of trading strategies that actually work. But since the market changes very quickly, the strategies are periodically reviewed and adjusted to the changes in the market.

azmanpay124 posted:
Forex trading is hard, don't expect to make money after you read blogs or articles or basic education. The information on the internet is good to get started but to be profitable, you need experience and a solid system.

i am just a newbie wont be getting into details at this very moment

Babypips is the best guide for newbie traders in my opinion. As for the trading strategies, it really depends on understanding how you react to the market. You can be an HFT, scalper, swing trader, position trader, algorithmic trader. It depends on you after you have fully grasped the forex market and what strategy suits you best. Good luck with trading! It's not easy but worth it.