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Strategy and Forex
Uczestnik z Aug 11, 2017
870 postów
Jul 16, 2020 at 06:47
Practically in order to our trading understanding we the traders choose our trading strategies. According to me , if you want to get maximal result by your trading strategy , first of all you have make sure the proper money management approach , otherwise that’s not possible at all to make profit at all with great consistency despite of most powerful analyzing trading strategy. so, it is more important to know how to manage money in Forex trading.
Uczestnik z Jun 24, 2020
31 postów
Jul 16, 2020 at 06:50
Well said mate. Managing money is one of the most important things for any tarders. But sadly many people don't spend quality time on formulating sound money management strategies. I believe results would be better, if we emphasize more on it.
Uczestnik z Jan 01, 2020
19 postów
Jul 16, 2020 at 14:25
It took me quite some time before I realised the best trading strategy for me. It takes practice and patience. If you want to develop a very good trading strategy then you need to develop it while you are still in your demo account. Do not rush into trading until you have a strategy that you are sure of.
Uczestnik z Jul 09, 2019
37 postów
Jul 17, 2020 at 10:26
Thorgahuginn posted:
It took me quite some time before I realised the best trading strategy for me. It takes practice and patience. If you want to develop a very good trading strategy then you need to develop it while you are still in your demo account. Do not rush into trading until you have a strategy that you are sure of.
Yes. We have to ourselves find the right strategy for ourselves though it may take time but in order to be profitable we have to keep our calm and work for it.
Uczestnik z Sep 27, 2019
9 postów
Jul 17, 2020 at 10:55
An old Forex trader once told me that the only strategy you need is to keep adapting. The markets are always changing so it pays to keep up
Uczestnik z Aug 09, 2017
598 postów
Jul 18, 2020 at 07:31
The best part of the forex strategy is money management –make sure every time you trade , you don’t risk more than 2-3% of you account otherwise you will break your account pretty soon. I learned that lesson from my own experience.
Uczestnik z Jun 26, 2020
323 postów
Jul 19, 2020 at 06:38
I have seen despite of a profitable trading policy scalping cannot use in a proper way due to many restrictions. So we the traders who are particularly scalpers always have to be more careful when choosing a broker. Scalping will be successful when you could make sure lowest trading spreads which is very supportive to make profit with certainly by scalping that brings profit in a short time.
Jul 22, 2020 at 18:36
There are many ready-made trading strategies on the market, both simple and quite complex and understandable only to professionals. Beginners, as a rule, begin trading using a ready-made trading strategy, and not the most complex one. However, over time, almost each of them understands that trading is truly effective only with a strategy developed personally, based on their own experience and preferences.
Regardless of whether a trader creates a strategy from scratch or modifies a ready-made one, it is necessary that it suits his character and type of account.
Regardless of whether a trader creates a strategy from scratch or modifies a ready-made one, it is necessary that it suits his character and type of account.
Uczestnik z Apr 18, 2017
659 postów
Jul 22, 2020 at 20:08
all trading strategy is really good enough if you have most powerful analyzing trade knowledge and experience with real money management.
Uczestnik z Aug 27, 2017
875 postów
Jul 27, 2020 at 19:28
if you want to make sure about this broker performance , i thnk its is more appropriate to ask same question in broker discussion , its will really support you to find ensure the good one from all.
keeping patience.......
Uczestnik z Jun 26, 2020
323 postów
Jul 28, 2020 at 15:59
we the traders have to develop our own strategies time to time , otherwise it will not works at all for permanently. really there is nothing permanent in this stock market.
Uczestnik z Apr 01, 2020
227 postów
Jul 31, 2020 at 00:44
Well said, If you want to trade with your strategy than you need to have a good money manegment. Most of the people do not manage their money well and they almost lose their money quickly.
Uczestnik z Feb 24, 2020
4 postów
Aug 03, 2020 at 12:40
It has been said many times that you need to train your trading strategies on a demo account, I agree with that.
Uczestnik z Feb 25, 2020
3 postów
Aug 05, 2020 at 13:15
Whatever trading strategy you choose , you will have to change it over time, and adjust it to the constantly changing realities of the market
Uczestnik z Jul 19, 2020
749 postów
Aug 05, 2020 at 13:38
Yeah you are right. Money management is very important. Another thing is also very important which is control of your mind. If you can't control your mind, you will end up opening trades without any reason. That's why discipline is needed as well.
Uczestnik z Jun 21, 2020
54 postów
Aug 05, 2020 at 14:24
Mark64747hd posted:
Whatever trading strategy you choose , you will have to change it over time, and adjust it to the constantly changing realities of the market
Very accurate, I change my strategy or use it according to maket condition, but one thing I don't change is my risk management style, that made me profitable.
NO EMOTION DURING TRADING.
Uczestnik z Jul 23, 2020
816 postów
Aug 05, 2020 at 15:16
Every trader needs to keep in mind that trading strategy should be simple and select the appropriate trading strategy that suits his needs. This will help to make the right trading decisions, measure the amount of risk trader is willing to take.
Uczestnik z Jul 19, 2020
742 postów
Aug 06, 2020 at 14:18
Yes, you are right. Everything in trading depends on money management. If money management is good, it is possible to earn a lot of money from trading. I have heard many people say that he cannot make a profit in trading. The only reason I see that he is not making a profit without money management. If you have a good trading strategy and you follow money management with it, you will make a profit one day. You need to use a good strategy that is world-famous.
