Strategies from others.

Good day to everyone one, i just wanted to discuss about the every strategy where is in this feed.
Does any of them is really have chances to be profitable? Or just everyone who did not succeed sharing their strategies, to get some ideas from another people?

I'm glad, lot of people sharing their strategies, to new players get some ideas to create something by their self, but cmon if you are depressed of looking something good, not created by your self, that little bit naive to find something great, that works and you will make profit. Maybe there is chance, but 10% i guess, what kind of person will share his big strategy for everyone..

I like to look at price action and find double tops / bottoms on the hourly. had some moderate success

I use price action to find institutional levels, Fibo levels, and RSI for overbought and oversold on 4h. Works.

Fibo can be difficult for me but price action is always a winner

The best part of the forex strategy is money management –make sure every time you trade , you don’t risk more than 2-3% of you account otherwise you will break your account pretty soon. I learned that lesson from my own experience.

MM is very important but good system is essential also

Can't got far with out a proper strategy. That's why most people lose in the end

Pandapaws posted:
Can't got far with out a proper strategy. That's why most people lose in the end

That much is true, but how do you propose to find a good strategy?

There is no any trading technique which does not take at any risk with scalping. If you have a great plan and know how to manage money, of course there is a possibility to get maximal result by using any kinds of strategy. It totally depends on you

best idea is to learn several strategies and indicators then build your own strategy. Strategies are like personalities....everyone might have some similarities but they are all unique in some way. Here is a small checklist plugin I worked on for MT4. Could be useful in keeping track of your trading plan.

To build own strategy means first to have own market understanding :)

Practically in order to our trading understanding we the traders choose our trading strategies. According to me , if you want to get maximal result by your trading strategy , first of all you have make sure the proper money management approach , otherwise that’s not possible at all to make profit at all with great consistency despite of most powerful analyzing trading strategy. so, it is more important to know how to manage money in Forex trading.

Gettone1 posted:
Good day to everyone one, i just wanted to discuss about the every strategy where is in this feed.
Does any of them is really have chances to be profitable? Or just everyone who did not succeed sharing their strategies, to get some ideas from another people?

I'm glad, lot of people sharing their strategies, to new players get some ideas to create something by their self, but cmon if you are depressed of looking something good, not created by your self, that little bit naive to find something great, that works and you will make profit. Maybe there is chance, but 10% i guess, what kind of person will share his big strategy for everyone..

Like anything in real world nothing comes for free. So do not blindly trade using someone' EA
do not buy EAs unless there is proof it does work on reputable broker,
take your time and find your own way to success.

Strategy is the most important thing to make money form this market. so, make a good and profitable strategy to make profit from this risky market.

As a strategy, I use market context, support resistant level, divergence, etc. and combine some important issues with it. These are money management, risk management, trade management, trading plan, etc. I use this important thing.

Beginners really need to understand how much money they want to spend and how much they are prepared to lose in the FX market. This helps traders to understand when to end a particular trade. If Beginners start small and slow, they will be able to acquire success thorough knowledge of FX. Besides as a forex beginners everybody should follow this :

1.To see forex related forum regularly
2.To learn forex trade properly
3.To follow this website or channel who are teaching beginners about forex like mfxcenter.net

You better develop your own strategy, it's very difficult to replicate another trader's strategy. Like a trader tried to replicate my manual trading strategy and failed woefully.
It look amazing and easy to him when I keep the profits coming, but he never knew the complexities and the mode and speed of calculation and processing speed my brains goes into, to make sure I make the best decision with higher percentage of exiting each trades with profits.

Recently, I started using the ready-made strategy of the broker Amarkets RAMM, which is very convenient, because there is an opportunity to make good money.

I think it won't work to use other's strategy on your trading. Because other's strategy may not suit your trading style. So, try to make you r own strategy and make money from this market.