Strategy and Forex

of course, a strategy is needed, there are certain trading rules that you should follow, but there is also just luck, it's good when you are lucky and you always open deals in the right direction

If you want to become successful in this forex market, you have to make a profitable strategy. because without a strategy you can not make the right decisions at the right time.

There are really a lot of trading strategies. We take it as a basis and do it for ourselves

Making strategy is not an easy task. Many traders lose their money because of using wrong strategy. So, be careful when you are trying to make a profitable strategy.

It is very difficult to make money and reach a good level without a strategy.

there is anyone in there who can make maximal result most of the time by means of scalping
 approach which brings profit very rapidly ?

Initially, beginners should understand that trading without a strategy is impossible and you need to learn how to create it.

Shelby10 posted:
To become successful in this market, you need to make a profitable strategy. Without any strategy you can face a huge los.

Also, testing strategies on demo is also very important. Many traders miss that.

There are lot of trading strategy in trading. Trader should follow according to their preference. As example, scalping is short time trading strategy. So, those who don’t have enough time they can try this kind of strategy.

Well said, if you have good money managment then you can be a profitable trader very easily. But sorry to say that most of the new trader do not have good money managment and strategy so they often fails in Forex.

New traders mostly fails due to lack of practice on demo accounts. I think one should must take proper practice and then came to real accounts for profit. I also have practice many years on demo account and now I am gaining a lot from forex trading.

No matter how good the strategy is in trading if money management and risk management are not followed, it is never possible to achieve success by trading. Many successful traders pay more attention to discipline than strategy. Many traders have not been able to make a profit even after trading for a long time. Because they are very emotional about trading and they never follow money and risk management

i have seen the result we get from our trading strategies , its not all about permanent something, we have to build more strong money management to keep consistent.

Money management and being flexible with strategies to take into account changing market conditions

i always feel to become successful by using trading strategy is not possible very rapidly , because only a powerful trading strategy cant give you more something , besides this lots of trading elements you have to make sure including unforgiving discipline.

Forex trading is not an easy task. The complete process depends on the strategy you make to earn money from this market. So, make a good strategy and make money from this market.

Forex trading strategies can be based on technical analysis, or fundamental, news-based events.There are various forex strategies that traders can use including technical analysis or fundamental analysis A good forex trading strategy allows for a trader to analyse the market and confidently execute trades with sound risk management techniques.

That’s true, a powerful strategy is a great weapon in trading. The game of trading revolves around the best strategies only. You need to develop your strategy to get the best accurate results. Without having a successful strategy, it is difficult to make constant profits. Don’t copy others strategies and rely on them as what works well for them may not work for you. Also, money management is vital as it helps you to make a right budget.

I agree. Forex trading is not an easy task. You have to be passionate to learn every moment.