Reitings: Full Star Full Star Full Star Full Star Full Star
How to build a good trading strategy?
Iepriekšējās 1 2 3 4 5 .. 7 Nākamais
RichardBills

Biedrs kopš Mar 25, 2015  74 ieraksti Richard Bills (RichardBills) Oct 23 2016 at 06:06
Hero76 posted:
Good strategy is experience mixed with smart brains and still nerves. Observation and attention to detail and to the indicators. Fundamental analysis, news analysis, knowledge of each other and its collaboration - that’s the way it works. Or go make some scalping lol

also agree on the important of psychology in trading! you should be able to accept a loss but keep going...

RichardBills

Biedrs kopš Mar 25, 2015  74 ieraksti Richard Bills (RichardBills) Oct 23 2016 at 06:06
good planning and forecasting as well is important, add to the recipe and a flexibility to try different techniques smiley

RichardBills

Biedrs kopš Mar 25, 2015  74 ieraksti Richard Bills (RichardBills) Oct 23 2016 at 06:10
After all, the strategy is your approach that leads you to your ultimate goal. It has to reflect your personality, trading style preferences and skills. Will you scalp or will you go for the long run, it all depends on your goals and plans.

AlGauthier

Biedrs kopš Nov 13, 2015  35 ieraksti Alexandre (AlGauthier) Oct 27 2016 at 06:56
zooz10 posted:
I found the best but i don not have a money to invest


what do you mean by the best? can you share a bit more what it is exactly?

A knight's tale!
AlGauthier

Biedrs kopš Nov 13, 2015  35 ieraksti Alexandre (AlGauthier) Oct 27 2016 at 06:56
prakash104 posted:
My forex trading success is due to two things.

1st - trading method
2nd - self discipline

               A professional forex trader will use a simple forex trading method.It won't be a complex method.Many losing forex traders don't have any good strategy to trade forex. They may be using multiple techniques and different time frames.The key to success in forex trading is you must have a well defined simple trading strategy.

                     If you are using multiple techniques, then take a resolution from here onwards not to use them.Use only one or two techniques.Never change your strategy and time frame because there is no holy grail in forex trading.All strategies will fail at any time.


If all strategies will fail at any time, why not changing the strategy then to remain successful? How can we address the complexity of the forex market with simplicity?

A knight's tale!
CliveCampbell

Biedrs kopš Oct 01, 2015  47 ieraksti Clive (CliveCampbell) Oct 27 2016 at 12:51
Demo trading can help you a lot if you are sure that the demo environment is really close to real account of your broker. However there are some descent brokers providing good Demo environment exactly for building strategy purposes. Another things that might help, is find web live trader, watch and learn and apply!

mr_cenk

Biedrs kopš Mar 14, 2016  44 ieraksti Kartal (mr_cenk) Oct 31 2016 at 15:36
agree about the demo account importance. I read a lot also on other discussions here that this is a must in testing the strategies.

FxMasterGuru

Biedrs kopš May 04, 2012  1583 ieraksti FxMasterGuru (FxMasterGuru) Nov 01 2016 at 04:59 (labots Nov 01 2016 at 04:59 )
I suggest browsing ForexFactory.com and picking up some good books:

1. Market Wizards (by Jack Schwager)
2. The New Market Wizards (by Jack Schwager)
3. Reminiscences of a Stock Operator (by Edwin Lefèvre)
4. Trading in the Zone (by Mark Douglas)

Then get ready for your 10,000 hours of screen time.

Why 10,000 hours...?That is another book by Malcolm Gladwell: 'Outliers: The Story of Success'

Or as an alternative: If you can't beat them, join them...

Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
Greggy

Biedrs kopš Dec 30, 2013  158 ieraksti Tony Gregg (Greggy) Nov 01 2016 at 07:50
A Simple Trading Strategy - Candlestick Cross & Candlewick Cross.

At the start of Every Month, Every Week, Every Day Do the Candlestick & Candlewick Cross, but especially at the start of every month. The Candlestick is broken into 2 parts, the Body and the Wick.

 Candlestick Cross: Place Horizontal Lines at High and Low of Candlestick. Then draw lines from Low to High and High to low to the next gridline.

Candlewick Cross: Place Horizontal Lines at Low and High of Wick and draw lines from High to Low and Low to High.

When the next Candle moves above the upper line that's a buy signal and below the lower lines that's a sell signal.

Works best on Longer Time Frames, but you can use it on any Time Frame.

Good Luck & Happy Trading!!!
Pielikumi:

Fight the Good Fight With All Thy Might!!!
Greggy

Biedrs kopš Dec 30, 2013  158 ieraksti Tony Gregg (Greggy) Nov 01 2016 at 07:55
You know what I think, these Elliott Wave Theorists forget every other Technical Indicator, trend lines, the lot just so they can get their flat, their triangle, their double bottom and anything else they can think up. I think it is the Elliott Wave Theorists who manipulate the market and I think it is a Bankers Theory.
Pielikumi:

Fight the Good Fight With All Thy Might!!!
Iepriekšējās 1 2 3 4 5 .. 7 Nākamais
Producer Price Index (MoM) (15 min)
UK: Retail sales likely to bounce 0.8% i...(4 min ago)
EURUSD 1.17183 GBPUSD 1.33574
USDJPY 109.578 USDCAD 1.2853

Tools

Kopiena

Apskats

Brokeri

Platforma

Atbalsts


Twitter |  Facebook |  Lapas karte  |  Noteikumi  |   Privacy Policy
©2014 Myfxbook Ltd. All Rights Reserved.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.