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Are there secret forex strategies in the forex market?

Michihito
Aug 21 2020 at 14:32
298 príspevkov
The secret of trading is within you. Any strategy is useless if you do not customize it according to your trading personality. You have to gather that much knowledge so that you can make your own strategy.

GeorgeBischof
Aug 24 2020 at 14:39
318 príspevkov
Always try to think with your mind when you are going to take any important decisions. Because your emotion can put you in great danger.

UweMoench
Sep 12 2020 at 12:14
737 príspevkov
The secret of forex trading is you have to learn the market. You have to understand the mechanism. Following a strategy blindly is not going to help us. Whatever the strategy you have to understand it fully. Only then you will make profit.

ElliotCooke
Oct 09 2020 at 18:05
341 príspevkov
There is no secret in this market. You need to make a good and profitable planto make momney from this market.

rickyb
Oct 10 2020 at 01:11
83 príspevkov
i would yes there are secret strategies based upon experience in trading and assumptions that most success would be undetected and
be done by large companies with big research teams.you need big money and time to come up with ideas. individuals might be successful too but they too would keep ideas to themelves.would be harder to prove this than come up with winning strategy .remember big forex players have access to areas of stop losses and profit targets.most movement in market is done in london by small group of players who have ideas of making money different from yours and mine.insider trading would be a line that may be crossed or close to.tip the best area would for success would be keep away from areas where everyone trades.try to stay away from indicators.trade price action and hedging of some sort.the real big traders dont use stop loss most times if that helps.must be a reason why?

LyudmilLukanov
Oct 16 2020 at 17:10
735 príspevkov
Michihito posted:
The secret of trading is within you. Any strategy is useless if you do not customize it according to your trading personality. You have to gather that much knowledge so that you can make your own strategy.

Beside trading strategy, traders also need discipline. Without that, trader often fail to follow their own trading strategy.

P22498
Oct 17 2020 at 18:04
17 príspevkov
rickyb posted:
i would yes there are secret strategies based upon experience in trading and assumptions that most success would be undetected and
be done by large companies with big research teams.you need big money and time to come up with ideas. individuals might be successful too but they too would keep ideas to themelves.would be harder to prove this than come up with winning strategy .remember big forex players have access to areas of stop losses and profit targets.most movement in market is done in london by small group of players who have ideas of making money different from yours and mine.insider trading would be a line that may be crossed or close to.tip the best area would for success would be keep away from areas where everyone trades.try to stay away from indicators.trade price action and hedging of some sort.the real big traders dont use stop loss most times if that helps.must be a reason why?
Успокойся,ни каких крупных игроков нет.Это легенда.

jimmyneeesham
Nov 09 2020 at 10:13
40 príspevkov
New traders often wonder if there are any secret strategies that experienced traders are using. As per my knowledge, there are no such strategies. Any strategy that any other trader is using can be found in the books. There is no such thing as forex secrets.

rohitchawla455
Nov 09 2020 at 10:17
21 príspevkov
Forex Trading strategies are the collection of all policies and techniques. It helps in ascertaining the best timing to buy and sell currencies pairs. They are systematic practices that traders use to determine when to buy or sell a currency pair. Most forex trading strategies utilize trading signals that are created by proper analysis. Trade signals are a trigger for the action, to buy or sell a security or other asset, generated by thorough analysis.

https://fxreviews.best/blog/how-to-form-forex-strategies-like-george-soros/

Rosstaylorr
Nov 09 2020 at 12:46
25 príspevkov
Try to keep your emotions aside if you don’t want to lose unnecessarily in the market.

P22498
Nov 09 2020 at 13:58
17 príspevkov
rohitchawla455 posted:
Forex Trading strategies are the collection of all policies and techniques. It helps in ascertaining the best timing to buy and sell currencies pairs. They are systematic practices that traders use to determine when to buy or sell a currency pair. Most forex trading strategies utilize trading signals that are created by proper analysis. Trade signals are a trigger for the action, to buy or sell a security or other asset, generated by thorough analysis.

https://fxreviews.best/blog/how-to-form-forex-strategies-like-george-soros/

Прекрасная фраза! это совокупность всех политик и методов.

Bladiminmunro
Nov 12 2020 at 05:05
59 príspevkov
The only way you can use a successful trading strategy is to work hard on it. There are no secret strategies that people use. They just make very good use of the pre-existing ones.

Mitchelmarss
Nov 12 2020 at 06:35
29 príspevkov
Emotions are important but when it comes to trading, they might not be very good for a trader.

P22498
Nov 14 2020 at 19:20
17 príspevkov
Mitchelmarss posted:
Emotions are important but when it comes to trading, they might not be very good for a trader.

Эмоций быть не должно.

P22498
Nov 14 2020 at 19:32
17 príspevkov
Стратегия может быть любая.Смотря что вы хотите от форекс?.Когда вы можете это делать?.Сколько времени готовы посвятить этой деятельности?.

AliaDare
Nov 15 2020 at 02:18
768 príspevkov
Success cannot be achieved with trading strategy alone. In this case, emotion, money management, risk management must be maintained. Success in trading is possible only if you give up greed and fear.

AliaDare
Nov 15 2020 at 02:18
768 príspevkov
Success cannot be achieved with trading strategy alone. In this case, emotion, money management, risk management must be maintained. Success in trading is possible only if you give up greed and fear.

GabrielHumus
Nov 17 2020 at 06:37
3 príspevkov
sublimemarkets posted:
Hello,

There is no holy grail in forex trading. The reason that people struggle to find a solid investment strategy is because of the huge volume of free stuff out there that only creates noise and only makes it harder for someone to critically judge what works and what doesn't.

Instead of looking for 'secret' strategies, try to find out how the market really works and how you can make it work in your favor. There's much more in trading than ready made EA's doing all of the work (and losing most of your money) or chart patterns that 'indicate' where the market is going (and most of the times the 'indication' is false).

So long story short, no, there are no 'secret' strategies out there. Only people that have done their research and know how to manage money and risk.


This is why I think it's important to make my plan very strict 'if then' rules and I update it so that it becomes a point where there will be no emotion at all in the trade and it only follows a set of strict rules.

I also accept that as it really is not easy, you need to put in the time to change the right mindset for trading (https://canadaprimemarketing.com/services/direct-sales). I also agree with teaching kids early, but I believe that not only trading can be said for something, trading can be very helpful, but some might argue that teaching a kid about correct leadership and more powerful roles is more helpful, but it can certainly also apply to trading.

MarketTorch
Nov 17 2020 at 23:46
1 príspevkov
Yes and No.
Yes if you define a secret as anything that works, that someone else knows about and you do not. No in the sense that there is no real secret why the market does what it does. You either know it or you don't. There are the real reasons, and then there's just everything else. Banks aren't watching your moving average to figure out how to set the market price, except for finding the liquidity of retail stop orders.

15 year trader.

The only secrets are:
1. Psychology.

2. Approach to the market
The market is not some ethereal mysterious thing. Do you know how it works and why it moves when it does? Are you aware of how orders and order flow works? Are you looking for what moves the market or are you hoping a mysterious secret indicator does it for you? When the market moves, are you confused and hoping..or do you see why and are ready?

3. Repeatable methodology. Crazy how many people throw a trade in the market and pray it works out.

4. Volume, structure, and order flow.

Money management is a part of 1 through 3.

Bonus Tip.
You can quote me on this:

A trend is only a move between 2 points on a higher timeframe. That's all it is.




Gergo_01
Nov 18 2020 at 06:58
24 príspevkov
AliaDare posted:
Success cannot be achieved with trading strategy alone. In this case, emotion, money management, risk management must be maintained. Success in trading is possible only if you give up greed and fear.

I agree on that. To be successful here, one needs to be good at all those fronts.

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