Does forex strategies usually work>

Nov 09, 2020 at 02:23
5,581 Views
151 Replies
Biedrs kopš   20 ieraksti
Feb 07, 2023 at 10:57
It depends on the strategy and the individual trader's ability to execute it consistently and with discipline. Success in forex trading also requires a good understanding of the market, risk management, and the ability to stay patient and disciplined.
Biedrs kopš   40 ieraksti
Feb 09, 2023 at 07:42
It's important to keep in mind that the forex market is complex and highly volatile, and no single strategy is guaranteed to be consistently profitable. Success in forex trading requires a combination of factors, including a solid understanding of the market, discipline, patience, and risk management. It's essential to do your research, develop a sound trading plan, and seek professional advice if necessary.
Biedrs kopš   327 ieraksti
Feb 09, 2023 at 09:07
thanks for your post , got some fine lines.
Biedrs kopš   470 ieraksti
Feb 09, 2023 at 22:37

I think not always strategy work in all market conditions, here needs an understanding to the market, and what kinds of a trend currently occurs, on the trading range market it is impossible looking a higher target, so learning the market is key accompanied by patience.
Biedrs kopš   16 ieraksti
Feb 13, 2023 at 08:01
It always work, but the thing is the market changes constantly, so you have to update the strategies frequently, that's why it is a good idea to backtest them before doing an actual trade.
Mar 15, 2023 at 12:24
stormscalp2023 posted:
greed always kill strategies..

Oh what is nonsense do you think. Do not forget to say that indicators are not needed, lmao.
Mar 18, 2023 at 08:10
Forex strategies can be effective, but it varies from person to person.
Also, success here depends on a variety of factors such as market conditions, risk management and discipline.
Biedrs kopš   18 ieraksti
Mar 21, 2023 at 12:57
Yeah, of course, trading strategies do work.
Mar 22, 2023 at 04:42
Yeah it can work but it also depends on factors such as market conditions, trader's risk tolerance and skill level.
Biedrs kopš   4 ieraksti
Mar 22, 2023 at 13:42
Yes. But do not confuse strategies with indicators.

Market structure and price action is king.
Mar 22, 2023 at 14:00
Oh why so serious?? What is such neglect of indicators? Did they hurt you? lol.
forex_trader_3226709
Biedrs kopš   35 ieraksti
Mar 25, 2023 at 18:53
Yes forex strategies work. I have been using same strategy but tweak it with the market direction.

Same way of taking profits, over a decade and counting. Built my wealth trading.

Full time trader and I'm happy about it.

Pieslēgties / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*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.