Strategy is very important but not everything. You also need discipline. A good trading psychology. You also need good Control over your emotions and Ability to stay away from trading when it is needed.
Oct 08 2020 at 17:14
Without a proper strategy it is quite tough to make profit from this risky and volatile market.
Oct 08 2020 at 18:16
Yes. The strategy is very important in trading. Without a good strategy, you can not survive in this risky market.
There can be no such thing as a Forex market in the virtual world. People are taking it as a gamble so they can't succeed in trading but if you think positively then you will understand that success will come one day if you trade with patience according to the plan.
Yes trading is the combination of strategy, discipline, mind set, emotion control, money management and risk management. We need all of these. With an average strategy and all other qualities a person can make regular profit.
Oct 26 2020 at 05:30
Strategy is very important but money and risk management skills are also helpful in trading. A good control over your emotions and greed will steer you in the right direction.
The strategy is very important but if you can't manage your emotions and discipline then trading is not possible. Another important factor in money management and risk-reward trading. Excluding that part, it is never possible to survive in trading.
Nov 05 2020 at 11:11
Your strategy plays a major role in your trading experience. Choose it properly by trying out different strategies on your demo account.
Nov 06 2020 at 11:41
Never leave a stone unturned when you are choosing a strategy for you. It is the only thing that will help you trade properly in the market.
A well-designed strategy makes it possible to trade well and achieve the goal.
Nov 08 2020 at 19:06
According to me success in the forex market mainly depends on the trading strategy.
Nov 09 2020 at 10:38
Your trading strategy has to play an important role when you are trading. But it is not the only thing that matters. You must also follow consistency, discipline, and be open to learning whenever you have a chance.
Nov 11 2020 at 06:12
UweMoench posted:
Strategy is very important but not everything. You also need discipline. A good trading psychology. You also need good Control over your emotions and Ability to stay away from trading when it is needed.
Yes, strategy is important in trading. It helps to manage your emotions and discipline. Don’t apply too many different strategies. Stick to one strategy to remain focused. Choose your strategy carefully and apply it on your demo account before going live.
The more your practice, the more you learn.
It is very important but you also need to have the right mindset and good control over your emotions. Your hard work and determination will add to the success of your trade.
Agreed. Strategy is must, but not the only thing that goes into forex trading.
Practice, learning, planning and a lot more is required.
Practice, learning, planning and a lot more is required.
Nov 18 2020 at 11:14
Trading strategy is necessary while trading in the market. However, you need proper knowledge for that and how can you use the strategy.
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