Strategy-based trading

Mar 04, 2022 at 05:01
Przeglądane 1,245
29 Replies
Uczestnik z Feb 15, 2022   183 postów
Mar 04, 2022 at 05:01
Generally a strategy is a set of indicators that provide traders with a cogent market forecast according to which a trader opens trade. If traders want to make profit consistently, they have to run strategy-based trading where they are high averse. Strategy varies from trader to trader.
Uczestnik z Feb 16, 2022   63 postów
Mar 04, 2022 at 05:59
This is a statement I always support. If you ask professional traders who have been in market for long years, you will also reply that they go ahead based on strategy. They make their own strategy based their experience. They rely on trading chart to capture the original market trend.
Uczestnik z Apr 14, 2022   32 postów
May 03, 2022 at 08:02
Strategy is very important while doing trading because without strategy you can never earn good profits in the forex. Your own practice and knowledge of how to use indicators will lead you to make good trades.
Uczestnik z Apr 18, 2022   51 postów
May 04, 2022 at 05:33
The forex market is highly unanticipated thus one should opt for strategy-based trading. For example using price action strategy which is accurate most of the time and also trend based is a good one to consider.
Uczestnik z Apr 09, 2019   538 postów
May 05, 2022 at 11:58
My mindset is forex is a business and you can't go into any business without a plan/strategy. So why expect to go into forex without one and succeed?
If you can't spot the liquidity then you are the liquidity.
Uczestnik z Jun 28, 2022   21 postów
Jul 14, 2022 at 07:31
Traders who are experienced will also tell you to have a strategy before going live. Do not think it is some kind of gamble but forex is legit and needs to learn chart patterns and have atleast basic knowledge before trading.
Uczestnik z May 07, 2022   40 postów
Jul 14, 2022 at 10:38
Yes, it is very important to have strategy-based trading. When you have a proper plan of what you are going to do and how then you will be able to make trades more confidently and carefully.
Uczestnik z May 19, 2020   395 postów
Jul 14, 2022 at 15:31
Is non-strategic trading possible?
As the developer of a profitable trading system, I can confidently confirm that this is the only way to consistently trade.
A trading system must necessarily include a trading plan, a risk assessment system, and a market analysis system.
@Marcellus8610
Uczestnik z Feb 16, 2022   119 postów
Jul 16, 2022 at 07:55
Traders have to remove the negativity from their mind and they should deduct the tendency of over-trading and revenge trading from their mind.
Uczestnik z Feb 15, 2022   219 postów
Jul 16, 2022 at 16:09
SteveFx11 posted:
Generally a strategy is a set of indicators that provide traders with a cogent market forecast according to which a trader opens trade. If traders want to make profit consistently, they have to run strategy-based trading where they are high averse. Strategy varies from trader to trader.
With the growing demand of scalping, brokers are also offering several facilities to traders for scalping effectively. Generally, a trade which is opened as scalping is closed within 5 to 10 pips.
Uczestnik z Jun 22, 2022   22 postów
Jul 19, 2022 at 09:38
It is a must when trading in the forex or any other market. Without a profitable trading strategy you will only make losses.
Uczestnik z Aug 19, 2021   227 postów
Aug 09, 2022 at 16:31
Oh does anyone trading without strategy?? If yes, I have a bad news for you. You must be altruists and give all money to brokers. Well I would take some, if you do not know where to spend it.
Uczestnik z May 19, 2020   395 postów
Aug 09, 2022 at 17:20
WhiteWitcher posted:
Oh does anyone trading without strategy?? If yes, I have a bad news for you. You must be altruists and give all money to brokers. Well I would take some, if you do not know where to spend it.
Yes exactly. I also do not understand what those traders who trade without a strategy think about. how?
@Marcellus8610
Uczestnik z May 19, 2020   395 postów
Aug 09, 2022 at 17:25
Tell me, a trader with over 12 years of experience, what is opposite to a strategy-based trading? After all (meticulously) random is also a strategy, anyway.
@Marcellus8610
Uczestnik z Jul 04, 2020   18 postów
Aug 16, 2022 at 18:02
You can also set the levels manually.
The main thing is that it helps you and your capital!
Uczestnik z Aug 19, 2021   227 postów
Aug 17, 2022 at 15:00
MarcellusLux posted:
Tell me, a trader with over 12 years of experience, what is opposite to a strategy-based trading? After all (meticulously) random is also a strategy, anyway.

Oh if random trading is also kind of trading strategy then there is no non-strategic trading. And this is a worldwide conspiracy, and even those who trade without a strategy trade with a strategy.
Uczestnik z Jul 20, 2020   399 postów
Aug 17, 2022 at 15:38
MarcellusLux posted:
Tell me, a trader with over 12 years of experience, what is opposite to a strategy-based trading? After all (meticulously) random is also a strategy, anyway.

I dont think there is an opposite. I think once there are certain things in place like risk management, good RR and discipline a lot of strategies will work
Uczestnik z Jul 22, 2020   23 postów
Aug 17, 2022 at 19:02
In fact, these can be indicators, some figures on the charts, fundamental analysis, again ... There are many approaches - the essence is one. We use what we understand and feel. It seems to me that it can be explained in this way.
Uczestnik z Jul 26, 2022   49 postów
Aug 18, 2022 at 12:10
LabuyaChicay posted:
Traders have to remove the negativity from their mind and they should deduct the tendency of over-trading and revenge trading from their mind.
Completely agree to this one mate!
Uczestnik z Sep 14, 2022   40 postów
Oct 10, 2022 at 12:22
It is your strategy that helps you understand the market and make decisions based on price movements. The purpose of a strategy is to keep the trader focused on their goal by creating a well-thought out plan.
You must be connected to Myfxbook in order to leave a comment
*Komercyjne wykorzystanie i spam są nieprawidłowe i mogą spowodować zamknięcie konta.
Wskazówka: opublikowanie adresu URL obrazu / YouTube automatycznie wstawi go do twojego postu!
Wskazówka: wpisz znak@, aby automatycznie wypełnić nazwę użytkownika uczestniczącego w tej dyskusji.