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Are there secret forex strategies in the forex market?
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TitusD

Členom od Jul 25, 2019  10 príspevkov TitusD Jul 25 2019 at 09:32
Professional4X posted:
Engelbrechtas posted:
To me it sounds like you are a very wise trader. Yet I've got a question for you.
You explained that the market gives you three options.
1) market trending up. Option to buy
2) market not trending. No action
3) market trending down. Option to sell

In further examination this looks real. It gives you an success rate of only 33.33%
Because if you for example buy in the market, but the direction changes or stay. You will
not gain profitable.

Now my question is as follows. ( I'm a relative rookie trader)
Is there no way to calculate or eliminate risks to up the probability of your success
rate. Say to above 50% because then you know or should feel better about the trade.




To clarify what I was saying.

1) trending up example:
If EUR_USD is bullish in the D1 (daily) trend, and the M15 trend appears bullish, then I would enter a long trade.
BUY EUR_USD

2) not trending example:
if EUR_USD is bullish in the D1 (daily) trend, but M1, M5, M15 all appear bearish, then I would not trade.
DO NOTHING

3) trending down example:
If EUR_USD is bearish in the D1 (daily) trend, and the M15 trend appears bearish, then I would enter a short trade.
SELL EUR_USD

The odds of a random selection of the correct trend is 50% long, 50% short.
Even if you open the ticket when the market is ranging or not moving, the odds are still 50:50 of the correct direction because eventually the market is going to move one way or the other.

To increase probability, look for high probability candle patterns, look at the PSAR, MTF Cycles, MTF trend analysis, and multiple currency pair analysis. Trade small, and step additional trades into the profitable basket.

There is no way to remove 100% of risk when trading, but those risks can be properly managed.
Pay close attention to trending markets, fundamentals, news events, technical analysis, etc etc etc. It's all important.




So if you enter randomly win rate is 50% but would a good win rate be if you are a pro trader?

togr

Členom od Feb 22, 2011  4836 príspevkov vontogr (togr) Jul 25 2019 at 10:40
jonathan89park posted:
People are always trying to find ways to improve their trading results by trying many different strategies and plans. Are there any secret forex strategies that we should all know about? and the answer is no. In fact, many of the strategies that claim to be “special” or “secret” are usually short term, temporary methods that are not durable and loses its charm throughout longer periods. In the world of forex where the market fluctuates constantly, special or secret strategies do not exist. Indeed it may work for some people for a certain amount of times, but it’s not effective in the long run, therefore you can certainly call it unique, but not quintessential.

What we see a lot in the world of forex is the useless “secrets” that will magically make you become successful and achieve everything. The truth is that those “secrets” are nothing more than well-presented useless information that seems like an expert create it. There are so many similar articles and strategies out there that brings the wrong ideas to traders for guaranteed profit and success. They are just another marketing scheme that a lot of people have been using, which you should always let it slip past. There are no proven methods of which most of these are advertising for, and they are mostly based on lack of knowledge, rather than being based on the opinions of the current market situations.

These “secret” articles and strategies are frequently written and published on the internet every day. A large number of traders in the forex community around the world are mostly very easily tempted to earning a large profit and to become successful. You can’t really say its “secret” or “special” when everybody around the world knows it and can access it easily just by going on the internet. Choices of vocabularies such as secrets, special or successful are very powerful. These are the words that draw those innocent tempted traders in just to present not so secret information.

The forex market does not take breaks. It moves up and down continuously. There is no time for you to be looking up unnecessary, useless so-called secrets to waste your time.



There are many such 'secrets' for sale all over the market. The thing is how can you know it is worth it or whether it is working? It is always better to find out your own secrets and trade accordinglly.

Stock_Cycles11

Členom od Jun 29, 2019  16 príspevkov Stock_Cycles11 Jul 25 2019 at 14:42
Stock market sell off expected later this year. Few people know how to do this.
Prílohy:

Laige

Členom od May 11, 2019  22 príspevkov Laige Jul 25 2019 at 17:15
I bet there are almost no secrets at all anyway. You really need to follow some usual plan like you reinvented in the process of your doings. Thanks for letting me know all that stuff. How do you really want to go inside that matter ? Good reliable honest brokers is a big secret really.

parish

Členom od Nov 03, 2018  58 príspevkov parish Jul 25 2019 at 17:22
the secret is simple en whe dont have acces to it ....

i trade to make money not to be right
AniLorak

Členom od Apr 18, 2017  885 príspevkov AniLorak Jul 28 2019 at 10:13
parish posted:
the secret is simple en whe dont have acces to it ....


You are right! How secret system can public actually? By the way, there is nothing like secret strategy; it’s all about chart reading skill & news analysis!

LgIndustries

Členom od Jun 14, 2019  9 príspevkov week8trader (LgIndustries) Jul 28 2019 at 12:05
You mean 100% strike rate winnings???...I operate 95% strike rate not 100% (because sometimes i do scratch out of trades or break even and i trade larger volumes (millions in usd),especially if there is news releases like elections,disasters and terror.i do close all my trades and sometimes they are in negative 0.2% drawdown e.t.c).

To answer you question.Yes its possible.

Your question reminds of me a guy whom i am currently helping with his portfolio.His equity growth was bouncing up and down and he was stuck. He struggled with consistency.Check his perfomance before i took his project out i have included below.

its still early days in this project,if i am not mistaken i think i have taken his account for about 2weeks only and he his already excited so far,so im also hoping to spark something in him that one day he'll appear on cnbc africa and proudly say i motivated and changed his life when he was about to loose all hope and quit on his dreams.

I just took the project to show the gentleman that its possible to win 90-100% in the forex market.I am currently trying to convince show him that forex trading is not a scam.

By the way the guy quit his job and those are his savings and i just felt sorry for him and took him on.
Forex trading is not a scam and yes there are secrets to it.

#But the most important thing is to understand that strategies are not all rounders.(that is what is killing most of you.)A forex strategy can never work on all market conditions.For it to work well it has to have certain market conditions.
That is the difference between people like me and you in this business.

i owe my being to All the giants of the Industry whose shoulders i am stanging on Today.
parish

Členom od Nov 03, 2018  58 príspevkov parish Jul 28 2019 at 21:07
AniLorak posted:
parish posted:
the secret is simple en whe dont have acces to it ....


You are right! How secret system can public actually? By the way, there is nothing like secret strategy; it’s all about chart reading skill & news analysis!

 i mean :
 the secret L3 orderbook that the brokers en market makers have acces to whe dont have as retail s
that s why 90 % off the retail is loosing

i trade to make money not to be right
Adribaasmet

Členom od Aug 27, 2017  861 príspevkov Adribaasmet Jul 29 2019 at 05:39
parish posted:
AniLorak posted:
parish posted:
the secret is simple en whe dont have acces to it ....


You are right! How secret system can public actually? By the way, there is nothing like secret strategy; it’s all about chart reading skill & news analysis!

 i mean :
 the secret L3 orderbook that the brokers en market makers have acces to whe dont have as retail s
that s why 90 % off the retail is loosing


Yes, no doubt a number of traders are losing money here! Only 10% traders are consistent here!

Adribaasmet

Členom od Aug 27, 2017  861 príspevkov Adribaasmet Jul 29 2019 at 07:56
EMFXCAPITAL posted:
LgIndustries posted:
You mean 100% strike rate winnings???...I operate 95% strike rate not 100% (because sometimes i do scratch out of trades or break even and i trade larger volumes (millions in usd),especially if there is news releases like elections,disasters and terror.i do close all my trades and sometimes they are in negative 0.2% drawdown e.t.c).

To answer you question.Yes its possible.

Your question reminds of me a guy whom i am currently helping with his portfolio.His equity growth was bouncing up and down and he was stuck. He struggled with consistency.Check his perfomance before i took his project out i have included below.

its still early days in this project,if i am not mistaken i think i have taken his account for about 2weeks only and he his already excited so far,so im also hoping to spark something in him that one day he'll appear on cnbc africa and proudly say i motivated and changed his life when he was about to loose all hope and quit on his dreams.

I just took the project to show the gentleman that its possible to win 90-100% in the forex market.I am currently trying to convince show him that forex trading is not a scam.

By the way the guy quit his job and those are his savings and i just felt sorry for him and took him on.
Forex trading is not a scam and yes there are secrets to it.

#But the most important thing is to understand that strategies are not all rounders.(that is what is killing most of you.)A forex strategy can never work on all market conditions.For it to work well it has to have certain market conditions.
That is the difference between people like me and you in this business.
Talk big but nothing to show... The LGI your are the biggest scammer here. People here sharing to find tuning and discuss maybe can come out with something. Prooove It, Dont came and talking rubbish....!


The secret strategy is manual trading; using others trading strategy means; meaningless!

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