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Are there secret forex strategies in the forex market?
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Spuzzana

Členom od May 22, 2019  5 príspevkov Spuzzana May 26 2019 at 06:39
I believe there is an answer and a way to trade FX without losing your shirt. However, this is a journey that I'm currently on finding the way to do it smiley

Don't put limits on your imagination, there is no telling.............
MbFriday

Členom od Jul 02, 2016  13 príspevkov Mrs Friday (MbFriday) May 26 2019 at 06:59
Individual traders who still compete in trading by using traditional trading systems based on rules or technical indicators and implemented, as single decision trees are increasingly ineffective.
If investment is a process, then automation is the logical conclusion.
90% of trading is mental, the other half is good maths.

pain is inevitable, suffering is optional
Kalamo

Členom od Jul 07, 2018  108 príspevkov Denis (Kalamo) May 26 2019 at 07:23
The key to winning in Forex is to have realistic expectations. If you want to make fast money, you will take huge risks and probably lose on the long run.

Every trader would love to turn 1,000$ into 1,000,000$ in 2 or 3 years, but honestly I never seen that in 14 years.

The majority of profitable traders I know have realistic expectations between 2% to 8% monthly. I'm personally looking to make 5% to 10% monthly.


PipsNewbie

Členom od Jan 23, 2018  43 príspevkov PipsNewbie May 27 2019 at 06:44
I believe there are secret strategies out there that remain secret. It is to prevent the method from being exploited and wide spread, so it is best to remain as secret, only benefited to the person who discovered it and use it for his or her own good.

I try not to burn my account
AniLorak

Členom od Apr 18, 2017  883 príspevkov AniLorak May 27 2019 at 15:16
PipsNewbie posted:
I believe there are secret strategies out there that remain secret. It is to prevent the method from being exploited and wide spread, so it is best to remain as secret, only benefited to the person who discovered it and use it for his or her own good.


Build a good chart reading skill and enjoy the beauty of Forex trading; that’s the secret here I mean, chart reading skill.

Adolis

Členom od Feb 12, 2019  24 príspevkov Adolis Jun 07 2019 at 09:43
I bet they are not present still no matter what basically it really depends on the luck and your skill there, thanks in advance for that. How do you really want that other people really show them even if it's true ? Each to their own bro;)

MaximePips

Členom od May 28, 2019  9 príspevkov MaximePips Jun 07 2019 at 10:11
AniLorak posted:
PipsNewbie posted:
I believe there are secret strategies out there that remain secret. It is to prevent the method from being exploited and wide spread, so it is best to remain as secret, only benefited to the person who discovered it and use it for his or her own good.


Build a good chart reading skill and enjoy the beauty of Forex trading; that’s the secret here I mean, chart reading skill.


That is the secret. Learning to read charts and putting the time and effort in.

Professional4X

Členom od Jan 05, 2016  1189 príspevkov Professional4X Jun 08 2019 at 19:12
There are no ultimate 'hidden secrets' to profitable trading in Forex.

Just pick the correct direction of movement, and place the trade.

A currency pair can only do one of three things.

1) Move up
2) Nothing. Not moving.
3) Move down

Determine which way the market is moving, verify the movement is true, and then place my trade with a REASONABLE profit target.

My own system uses a stoploss that is generally no greater than 30 pips.
Kill the losing trades, and run the winning trades.

If it moves up and the general trend is up, I buy.
If it does not move, I don't do anything.
If it moves down and the general trend is down, I sell

If a trade is going bad, I don't hold on to it, I kill the trade, and just wait for the next setup for entry.

Emotions have no place in trading. It's just data on the screen. Nothing more.


If it looks too good to be true, it's probably a scam! Let the buyer beware.
TR4DEX

Členom od May 10, 2018  71 príspevkov TR4DEX Jun 09 2019 at 10:02
It's more about the trader than the strategy. You could have the best strategy in the world and still fail. Find a simple strategy that works for your style and master it. Too many traders bounce around from strategy to strategy blaming the strategy when they fail but they are the common denominator.

Gabor33

Členom od Dec 09, 2016  49 príspevkov Gabor33 Jun 09 2019 at 10:15
MaximePips posted:
AniLorak posted:
PipsNewbie posted:
I believe there are secret strategies out there that remain secret. It is to prevent the method from being exploited and wide spread, so it is best to remain as secret, only benefited to the person who discovered it and use it for his or her own good.


Build a good chart reading skill and enjoy the beauty of Forex trading; that’s the secret here I mean, chart reading skill.


That is the secret. Learning to read charts and putting the time and effort in.


I don`t understand... how is learning to read charts the key for trading?? Please explain..

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