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Your most successful trade

Adamgylicrist
Feb 11 at 12:26
38 ieraksti
mitchelstrack posted:
I did try some strategies but there hasn’t been a consistency in profits. I think it takes a lot of time to get constant results in forex. Wondering if I should start with scalping for making fast returns. Thoughts?

Sure, you should always keep exploring new avenues and strategies for improving your results. Good luck.

jimmyneeesham
Feb 11 at 13:15
40 ieraksti
verahopkins posted:
My most successful trade has to be the one in which I made 24.3% profits. There has not been any other trade where I made such nice profits.

What currency?

AliaDare
Feb 11 at 16:24
672 ieraksti
First, you need to apply the trading mentality in the right way. Then you have to manage the discipline and plan and enter the trade.

Joz8
Feb 12 at 07:44
102 ieraksti
AliaDare posted:
First, you need to apply the trading mentality in the right way. Then you have to manage the discipline and plan and enter the trade.

That's right, following the right kind of plan and sequence is quite important if one wishes to succeed here.

Martingupttil
Feb 12 at 10:29
38 ieraksti
mitchelstrack posted:
I did try some strategies but there hasn’t been a consistency in profits. I think it takes a lot of time to get constant results in forex. Wondering if I should start with scalping for making fast returns. Thoughts?

Scalping didn’t really work for me and in my case, I don’t risk very high by using a higher leverage. I keep it as low as possible and trade. Scalping generally works for traders with more experience.

Bladiminmunro
Feb 15 at 05:18
59 ieraksti
One of the most profitable trades I’ve had is with EUR/USD and I believe I made a very good use of price action which happens to be my go-to strategy. Been working on taking up another one soon. Any broker suggestions would be great.

Adamgylicrist
Feb 15 at 11:04
38 ieraksti
Martingupttil posted:
mitchelstrack posted:
I did try some strategies but there hasn’t been a consistency in profits. I think it takes a lot of time to get constant results in forex. Wondering if I should start with scalping for making fast returns. Thoughts?

Scalping didn’t really work for me and in my case, I don’t risk very high by using a higher leverage. I keep it as low as possible and trade. Scalping generally works for traders with more experience.

If you don’t risk high, go with strategies that will work on reducing any risk. Try to calculate your risk tolerance and set your risk reward ratio to 1:2 minimum, good luck.

forextrader777
Feb 15 at 12:15
98 ieraksti
Till now, my most successful trade is the one in which I made 14.2% profit.
Hope, I will get to earn more profits soon.


Harshalgibbs
Feb 16 at 04:08
54 ieraksti
That is right Adam, and it is exactly how low risking traders should work. There’s no harm in wanting to trade safely.

Bela_fx
Feb 16 at 08:20
33 ieraksti
Harshalgibbs posted:
That is right Adam, and it is exactly how low risking traders should work. There’s no harm in wanting to trade safely.

Even my approach is also the same. I like to trade safely.

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