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What is the best strategy used as a new trader?

BrandiHeartsFX (bgaymon1)
Jan 24 at 19:52
3帖子
My main strategy with being a new trader has been with using price action through top down analysis along with support, resistance and trend lines. Ive been thinking about adding some indicators as well as so far started using the EMAs. In the future im thinking maybe Fibonnaci can help with catching more accurate retracements. Anyone else have experience with any indicators they think are really good to start off with? Or implement them in their price action strategy? Just wanting to get some input and ideas!

Reinvent Your wheel ~ Its not about the cards you've been dealt, its how you play them!
ddarko3
Jan 25 at 08:41
59帖子
Price action is good but it can be inaccurate. Just try MACD and RSI + always setting stop loss in your trade

LeviSievwright5
Jan 27 at 21:41
298帖子
ddarko3 posted:
Price action is good but it can be inaccurate. Just try MACD and RSI + always setting stop loss in your trade

Yes, you are right you can use this element to get the basic idea first.

dutchy1986
Jan 28 at 19:18
19帖子
I find rsi a really good way to trade and scalping

EbonyJones
Jan 28 at 19:37
232帖子
Most traders lose their money because of using the wrong strategies.

Chelsea Blacks (blackChelsea)
Jan 29 at 17:05
72帖子
I think you are pretty well versed with the analytical tools so i would suggest that you should test your new strategies with indicators on a demo account. This helps you to retrace accurate findings that help you to trade.

TR4DEX
Jan 29 at 17:35
88帖子
The problem is new traders move from strategy to strategy too quickly. Find a strategy that fits your trading style and perfect it. Learn to be a better trader.
Give the best strategy to a bad trader and they will still lose money.

Vanza Dorbey (vanzadorbey)
Jan 29 at 18:50
31帖子
test every system you can read about...but test it in real account...have a very high leverage in your account, but use the lowest leverage possible in your trades. Be patient.

Damayanti
Jan 30 at 13:27
15帖子
i use just over buy and over sell RSI That its

LeviSievwright5
Jan 31 at 01:47
298帖子
New traders should usually work with indicators to know the basics. Basic concepts need to be created by analyzing different types of indicators such as moving average, RSI, Bollinger bands, etc.

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