Strategy and Forex

With a good strategy, the result will certainly be good.

Yes, you are right. Everything in trading depends on money management. If money management is good, it is possible to earn a lot of money from trading. I have heard many people say that he cannot make a profit in trading. The only reason I see that he is not making a profit without money management. If you have a good trading strategy and you follow money management with it, you will make a profit one day. You need to use a good strategy that is world-famous.

There are many different theories about which strategy is the best, the Best one that is convenient for you and brings you income

of course, a strategy is needed, there are certain trading rules that you should follow, but there is also just luck, it's good when you are lucky and you always open deals in the right direction

If you want to become successful in this forex market, you have to make a profitable strategy. because without a strategy you can not make the right decisions at the right time.

There are really a lot of trading strategies. We take it as a basis and do it for ourselves

When I was a newcomer I was using Bollinger Bands in demo account,
\ but didn’t get maximal result that I did in demo.

Making strategy is not an easy task. Many traders lose their money because of using wrong strategy. So, be careful when you are trying to make a profitable strategy.

It is very difficult to make money and reach a good level without a strategy.

there is anyone in there who can make maximal result most of the time by means of scalping
 approach which brings profit very rapidly ?

Initially, beginners should understand that trading without a strategy is impossible and you need to learn how to create it.

To become successful in this market, you need to make a profitable strategy. Without any strategy you can face a huge los.

Shelby10 posted:
To become successful in this market, you need to make a profitable strategy. Without any strategy you can face a huge los.

Also, testing strategies on demo is also very important. Many traders miss that.

There are lot of trading strategy in trading. Trader should follow according to their preference. As example, scalping is short time trading strategy. So, those who don’t have enough time they can try this kind of strategy.

Well said, if you have good money managment then you can be a profitable trader very easily. But sorry to say that most of the new trader do not have good money managment and strategy so they often fails in Forex.

New traders mostly fails due to lack of practice on demo accounts. I think one should must take proper practice and then came to real accounts for profit. I also have practice many years on demo account and now I am gaining a lot from forex trading.

No matter how good the strategy is in trading if money management and risk management are not followed, it is never possible to achieve success by trading. Many successful traders pay more attention to discipline than strategy. Many traders have not been able to make a profit even after trading for a long time. Because they are very emotional about trading and they never follow money and risk management

i have seen the result we get from our trading strategies , its not all about permanent something, we have to build more strong money management to keep consistent.

Money management and being flexible with strategies to take into account changing market conditions