Edit Your Comment
Does forex strategies usually work>
Biedrs kopš
33 ieraksti
May 18, 2022 at 04:09
Biedrs kopš
33 ieraksti
Yes, of course. Because of forex strategies, a trader is able to make profits. Strategies are made of logical calculations through fundamental analysis,price actions, risk management, and money management. Trading without a strategy is like gambling.
Biedrs kopš
48 ieraksti
May 18, 2022 at 04:33
Biedrs kopš
48 ieraksti
I use a strategy that makes me $50k per week, now. I worked my way up to that after 3 years. Before it was $40k per month but has since increased.
*I kill pips for fun.*
Biedrs kopš
48 ieraksti
May 18, 2022 at 04:34
Biedrs kopš
48 ieraksti
You'll keep getting better and better at using the strategy and it compounds and compounds forever. I just passed $700k this month.
*I kill pips for fun.*
Biedrs kopš
73 ieraksti
May 23, 2022 at 06:16
Biedrs kopš
73 ieraksti
It isn’t a myth. To trade successfully, you need a strategy. It's a plan you follow after you backtest different ideas that may help reduce risk and bring in profit, it means choosing the right time to enter or exit a trade depending on analysis of the market environment and the budget you choose to invest with. Learn all you can about the fx market before you enter. Without a trading plan, it gets tough to manage the tense situations. It involves good risk management.
Biedrs kopš
131 ieraksti
Jun 14, 2022 at 04:51
Biedrs kopš
131 ieraksti
Strategies are made out of indicators. Indicators help a trader in a variety of ways and so they play a vital role. Efficiency on the use of indicators should be earned. There remain a number of indicators on a platform and traders pick one of them according to their knowledge over it. So, flourish yourself with a good strategy and proper learning so it doesn’t become a threat to your survival.
Biedrs kopš
65 ieraksti
Jun 14, 2022 at 06:52
Biedrs kopš
65 ieraksti
It depends on how effective your strategy is. Almost all traders have a strategy but all those strategies are not well-proven and testified and so testifying of strategies is needed. Personally I prefer moving average strategy and always have a better result.
Biedrs kopš
32 ieraksti
Jun 16, 2022 at 10:05
Biedrs kopš
32 ieraksti
Absolutely! In fact, if there were no strategies, traders would have just been entering and exiting the market without really knowing what is happening and what they must do to make money in the forex market. Strategies show you the way to your trading goal.
Biedrs kopš
47 ieraksti
Jun 17, 2022 at 06:36
Biedrs kopš
47 ieraksti
Strategy is not a myth. The term strategy actually comes from the military and someone in the army would define a strategy as an art of planning and directing the army unit’s movements towards the enemy. It is impossible to win a war in the absence of an effective strategy. Planning in advance for what might happen in order to attain the best possible result is the essence of strategy. When we talk about forex, a trading strategy is a technique used by a trader that helps them to pick up a trade that will result in profits. The strategy can be based on fundamental and technical analysis. It is a plan of action that a trader would follow to attain the set goal. A trader cannot survive in the long run without a good strategy. Taking up random trades without any analysis won’t even count as trading. It would be more like a form of gambling. And talking about whether the strategies work or not, No strategy will work forever and one might need to modify and improvise from time to time according to the market situation. But it is really important to start with a strategy and trading in the absence of a strategy would be like going on a deserted island without a route map. You will surely get lost among the experienced and professional forex traders and won’t stand a chance against them.
Biedrs kopš
23 ieraksti
Jun 17, 2022 at 10:31
Biedrs kopš
23 ieraksti
They work but not always. The market is dynamic, and to win consistently, you have trade as per the market demands. So get yourself acquainted with different market conditions. In this way, you will know which strategy to implement and when.
Biedrs kopš
25 ieraksti
Jun 22, 2022 at 06:50
Biedrs kopš
25 ieraksti
It surely isn’t a myth. In fact, having a strategy is important in forex. Strategy is a plan on what you will do as a forex trader and what you will do based on market conditions. Having a plan to work with will save you from a lot of trouble. And that is why we often hear trading tips like “you must stick to your strategy”. So strategies do work, but not forever and not every time. You must be flexible and skilled enough to improvise and improve your strategy when the situation demands.
Biedrs kopš
20 ieraksti
Jun 23, 2022 at 07:35
Biedrs kopš
20 ieraksti
Forex strategies do work, but there is no 100 per cent guarantee that they will work or not. A successful strategy might fail too. This is why it is said to tweak and adjust strategies according to the market.
Biedrs kopš
24 ieraksti
Jun 24, 2022 at 06:05
Biedrs kopš
24 ieraksti
Strategies do work. Not always, but often. As the market continues to evolve, so should your strategy. You can’t trade with the same strategy for months, as that won’t reap you any rewards.
Biedrs kopš
132 ieraksti
Jun 25, 2022 at 13:44
Biedrs kopš
132 ieraksti
to bring good result by any kind of trading strategy need a powerful money management first of all.
Biedrs kopš
25 ieraksti
Jun 28, 2022 at 09:31
Biedrs kopš
25 ieraksti
Forex strategies work, but they vary depending on the trade, market situations and economic parameters.
Biedrs kopš
385 ieraksti
Jun 28, 2022 at 12:35
Biedrs kopš
385 ieraksti
personifica_ posted:
Forex strategies work, but they vary depending on the trade, market situations and economic parameters.
This is very true as well a trending 'system' wont work in market conditions showing consolidation and vice versa. There are lots of things that are needed to be successful in forex
Biedrs kopš
210 ieraksti
Jun 28, 2022 at 14:29
Biedrs kopš
210 ieraksti
richardmarcus posted:
I am compartively new to trading and have many times came accross term like trading strategies can anyone explain me this it is just a myth or they work for real.?
Thanks in advance
Of course, but indicator based trading strategies may not work! Forex is all about fundamental & technical analysis, so if your trading strategy is based on these 2 pillars, then surely your strategy will provide the green pips!
Biedrs kopš
25 ieraksti
Jun 29, 2022 at 11:23
Biedrs kopš
25 ieraksti
Yes they do work but only in so far as you practice proper risk management and are aware of Fundamentals that impact the market
Keep it country
Biedrs kopš
210 ieraksti
Jul 01, 2022 at 06:05
Biedrs kopš
210 ieraksti
Experts have been suggesting traders to develop their mental strength of trading. It is quite essential for a trader. Bad qualities like greed and emotion are the worst human qualities that inspire a trader take high risk in trading and go bust. So, first repair your qualities and then select a regulated trading broker.
Biedrs kopš
131 ieraksti
Jul 01, 2022 at 08:48
Biedrs kopš
131 ieraksti
Selecting a broker has become a major concern for traders. A reliable trading broker is free of such issues and traders feel easy trading with those brokers. Scam brokers always try to loot a trader in every possible ways. A good broker takes your stress away by offering you all good facilities.
Biedrs kopš
394 ieraksti

*Spams netiks pieļauts, un tā rezultātā var slēgt kontu.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.