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Does forex strategies usually work>

Nov 09, 2020 at 02:23
158 Replies
Ester (Cothurnal)
Biedrs kopš   23 ieraksti
Oct 25, 2022 at 12:20
If you have time, you can start testing a new strategy every week using a demo account.
Perhaps some strategy will bring you a profit.
Biedrs kopš   15 ieraksti
Oct 27, 2022 at 12:16
Yes. They do, if your trading strategy is good and has an edge. Always test your trading strategies on a demo account before you trade live.
Biedrs kopš   17 ieraksti
Oct 27, 2022 at 12:28
In most cases it does. Numerous traders have developed a number of trading methods to aid you in making wise choices.However, each trader must determine which Forex trading method best fits their trading style and risk appetite. One size does not, in the end, fit everyone.
Oct 27, 2022 at 15:38
LabuyaChicay posted:
Forex’ high volatility has made the market uncertain and TP and SL using can be a technique to shield against big losses.

This is so key, it's all about having a solid plan and making sure you stick to it over and over again. It protects capital and grows accounts
Biedrs kopš   17 ieraksti
Nov 02, 2022 at 16:29
define strategies? most fundamental & technical analysis that you can find online work. just avoid high impact news and major world event. the only things left to do is to overcome emotion and maintain strict money management
Biedrs kopš   50 ieraksti
Nov 03, 2022 at 06:43
Yes, trading strategies do work if they are implemented on the right time.
Biedrs kopš   219 ieraksti
Nov 05, 2022 at 10:06
There are different methods of trading including long-term trading, scalping, hedging, EA trading. gambling and so many others.
Biedrs kopš   27 ieraksti
Nov 14, 2022 at 10:12
Everything is up to the trader. That is how diligently he studies the market and how effective his trading strategy is.
Biedrs kopš   13 ieraksti
Nov 15, 2022 at 14:09
For any strategy you need to test on a demo account to find if it works. Many, in fact most do not.
Suradi (FXOday)
Biedrs kopš   470 ieraksti
Nov 23, 2022 at 23:49
Forex market movement very dynamic, we only can learn the market behaviour but can't control the market, it is not always one strategy work in all market condition, risk always there in trading.
Biedrs kopš   50 ieraksti
Nov 24, 2022 at 11:04
Strategies do not always work it mostly depends on the market situation and the choice of the strategy.
Biedrs kopš   7 ieraksti
Nov 25, 2022 at 06:03
Forex strategies work but it is important to have good and effective strategies which one can practice first on a demo account, reading a lot of articles and watching experiences of successful traders can also help in making one.
Biedrs kopš   24 ieraksti
Dec 05, 2022 at 12:07
Yes, forex strategies do work but not always. Forex is a volatile and a dynamic market and sometimes strategies do not work.
Dec 06, 2022 at 18:17
Don’t open a trade in a jiffy right after earning profit from a trade because majority of the traders get losses just because of their excitement.
Biedrs kopš   51 ieraksti
Dec 19, 2022 at 08:24
Tr_Sheenu014 posted:
Yes, it works if you thoroughly research the market, develop a good trading strategy, and put it into action when the time is right.
Of course timing is very important while trading. In order to arrive at the correct points, you must analyse and perform numerous difficult calculations. Enter when you believe it to be the proper moment, whether it be short or long. When you think you've made enough money, stop right there. Don’t be trapped in greed or fear, they’ll ruin your trading.
Biedrs kopš   8 ieraksti
Dec 19, 2022 at 12:21
'Does forex strategies usually work?' - In short NO. Most fail. Some work, some of the time. FX is hard. It takes time
Biedrs kopš   57 ieraksti
Dec 20, 2022 at 09:39
indelible posted:
'Does forex strategies usually work?' - In short NO. Most fail. Some work, some of the time. FX is hard. It takes time
Forex strategies do work but traders need to learn how to keep an open mind to make the right decisions. Sometimes, strategies need to be revised depending on market shifts. Even if they fail, there is always a reason to improve. Trying is very important, giving up is not on the agenda here.
BigPips Trades (DonTW)
Biedrs kopš   14 ieraksti
Dec 23, 2022 at 05:55
Masticate posted:
Yes, they do. If you use the right strategy and you know how to make it profitable, it works. Make sure you are backtesting your strategy.

The word back-testing does a dis-service to what the testing should be ...Its better called strategic testing....are you tracking?
Trade For Big Pips Monthly Weekly Daily
Biedrs kopš   56 ieraksti
Dec 23, 2022 at 11:57
Forex strategies work, period. But it depends on the trader and the strategy they use. Plus, tweaking strategy with time is crucial because the market is dynamic and prone to change.
Biedrs kopš   47 ieraksti
Dec 29, 2022 at 08:20
Trading strategies are methods of profiting in the current market conditions. Every trader who is looking for a profitable trading strategy should devise his or her own trading strategy based on his or her trading goals and objectives. Effective trading strategies are required for profitable trading.
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