1. Choosing the Discipline 2. Choosing the Partner
There is no single formula to success in Forex trading. The Forex market is a place with constantly-changing prices and these changes are very significant from one day to another. To anyone trading in market, it is often advisable to have a strategy of some type. Your trading strategy will play an important role on your success. With a strategy, traders can focus on situation in which the market may be giving them the best probabilities of winning.
One of the main goals of my price action strategy is to keep my charts clean. The only thing I place on my charts are support and resistance areas. I use these support and resistance areas in conjunction with candlestick analysis to trade Forex. Packing my charts full of indicators would make it impossible for me to read price action.
Having a winning trading strategy is, without a doubt, a prime point for you to achieve the longed-for success as a trader. Thousands of people browse every day in search of perfect trading strategies that will make them earn money. Do you know how long it can take you to find a strategy that can be profitable? Much more than you think.
Basically, there are two types of systems or strategies: Discretionary systems and mechanical systems Discretionary systems and mechanical systems. The signals that occur in mechanical systems are mainly based on technical indicators (or graphic patterns) applied in a systematic way. On the other hand, discretionary systems use experience, intuition and judging every moment to determine market signals.
You are absolutely right, there is no specific formula of success! That’s way, don’t believe on Holy Grail trading strategy, 100% doesn’t exist in Forex! At the moment, I am comfortable with my personal trading strategy even though I get 70-73% accuracy from this trading system! I can recover my losing positions too early because of using higher profit ratio, I use multiple TP positions in a trade!
My trading system is news trading! During high voltage news session I use all of popular Economic Calendar to collect latest update of fundamental events! Then I go for final decision! Yes, I do only news trading and Forex trading is my part time job! Besides, I have no plan with technical analysis!
고위험 경고: 외환 거래는 모든 투자자에게 적합하지 않을 수 있는 높은 수준의 위험을 수반합니다.
레버리지는 추가적인 위험 및 손실 노출을 만듭니다. 외환 거래를 결정하기 전에 투자 목표, 경험 수준 및 위험 허용 오차를 신중하게 고려하십시오.
초기 투자의 일부 또는 전부를 잃을 수 있습니다. 잃을 여유가 없는 돈을 투자하지 마십시오. 외환 거래와 관련된 위험에 대해 스스로 교육하고 궁금한 점이 있으면 독립 금융 또는 세무사에게 조언을 구하십시오.
모든 데이터 및 정보는 정보 제공 목적으로만 있는 그대로 제공되며 거래 목적이나 조언을 위한 것이 아닙니다.
과거의 성과는 미래의 결과를 나타내는 것이 아닙니다.