Does forex strategies usually work>

Yes, trading strategies do work if they are implemented on the right time.

There are different methods of trading including long-term trading, scalping, hedging, EA trading. gambling and so many others.

For any strategy you need to test on a demo account to find if it works. Many, in fact most do not.

Forex market movement very dynamic, we only can learn the market behaviour but can't control the market, it is not always one strategy work in all market condition, risk always there in trading.

Strategies do not always work it mostly depends on the market situation and the choice of the strategy.

Forex strategies work but it is important to have good and effective strategies which one can practice first on a demo account, reading a lot of articles and watching experiences of successful traders can also help in making one.

Yes, forex strategies do work but not always. Forex is a volatile and a dynamic market and sometimes strategies do not work.

Don’t open a trade in a jiffy right after earning profit from a trade because majority of the traders get losses just because of their excitement.

Tr_Sheenu014 posted:
Yes, it works if you thoroughly research the market, develop a good trading strategy, and put it into action when the time is right.

Of course timing is very important while trading. In order to arrive at the correct points, you must analyse and perform numerous difficult calculations. Enter when you believe it to be the proper moment, whether it be short or long. When you think you've made enough money, stop right there. Don’t be trapped in greed or fear, they’ll ruin your trading.

'Does forex strategies usually work?' - In short NO. Most fail. Some work, some of the time. FX is hard. It takes time

indelible posted:
'Does forex strategies usually work?' - In short NO. Most fail. Some work, some of the time. FX is hard. It takes time

Forex strategies do work but traders need to learn how to keep an open mind to make the right decisions. Sometimes, strategies need to be revised depending on market shifts. Even if they fail, there is always a reason to improve. Trying is very important, giving up is not on the agenda here.

Masticate posted:
Yes, they do. If you use the right strategy and you know how to make it profitable, it works. Make sure you are backtesting your strategy.

The word back-testing does a dis-service to what the testing should be ...Its better called strategic testing....are you tracking?

Forex strategies work, period. But it depends on the trader and the strategy they use. Plus, tweaking strategy with time is crucial because the market is dynamic and prone to change.

Trading strategies are methods of profiting in the current market conditions. Every trader who is looking for a profitable trading strategy should devise his or her own trading strategy based on his or her trading goals and objectives. Effective trading strategies are required for profitable trading.

It works, just like a aircraft can takeoff and carry cargo over long distances. The only question is who the pilot is and how good the skills of the pilot are.

Finding a strategy that works for you is important because every trading strategy performs differently for many traders.

It's definitely not an easy task to understand yourself as a trader and then only after understanding yourself that you find the right strategy that fits you. You can't start scalping and then knowing that you are not a quick decision maker so it's not a good fit for you. There are a lot of profitable strategies out there. It just so happens that the trader that uses that strategy would be the factor to decide whether it will be a successful strategy or not.

In fact, the trading strategies are all valid. The end result varies from trader to trader. So, the trading strategy that suits you is the most important.

It depends on the strategy being used and the market conditions. Some strategies may work well in certain market conditions, but may not be effective in others. It's important to thoroughly back test and evaluate a strategy before using it in real-world trading, and to continually monitor and adjust as necessary.