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What is the best strategy used as a new trader?

PercymcDonnell54
Feb 06 at 05:44
23帖子
josejames posted:
PercymcDonnell54 posted:
I think position trading and day trading can be techniques as well as strategies because they are very similar. A position trader would keep the position for as long as possible and a day trader would not keep any security overnight because he will trade all the security as soon as possible.

Slippage becomes a considerable factor when we day trade because if the spreads are high we can suffer loss. The brokers also become very important in your strategy because spreads and leverages are offered by brokers. When I started demo trade to test out the brokers I finalized on Fxview and Robinhood because they fit into my strategy. So do think about the brokers.

Yes absolutely slippage and spreads are the real deal breakers while choosing a broker.

yana hansen (78678676)
Feb 06 at 08:08
137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

Thanks for sharing.

Roberto21
Feb 08 at 04:42
364帖子
First step for beginners is learning their all concentration should remain on earning even if they are doing real trading. I will recommend micro accounts where their loss will less and learning will valuable with real trading.

Adribaasmet
Feb 08 at 10:27
951帖子
Forex market or forex trading i think is completely secure but
it depends on your broker performance , because without a broekr you cant a trade at all.

AniLorak
Feb 08 at 11:47
920帖子
i always try to learn from m y past mistake , because i do believe the only way i have that cam make prefect one from all. 

Beagelv
Feb 08 at 12:43
81帖子
Indeed, security depends on the broker you plan to trade with.

Chelsea Blacks (blackChelsea)
Feb 12 at 11:15
95帖子
I always use bollinger bands to predict the movement of currency pairs. Along with bollinger bands I use MACD and RSI to get the clear idea of overbought and oversold volumes. Combination of these three always helps me too keep my trade success around 80%.

Tremblay
Jul 04 at 19:23
330帖子
blackChelsea posted:
I always use bollinger bands to predict the movement of currency pairs. Along with bollinger bands I use MACD and RSI to get the clear idea of overbought and oversold volumes. Combination of these three always helps me too keep my trade success around 80%.

I will use it. Let's see.

Cordawield
Jul 06 at 04:32
65帖子
I think you need to listen to what suits you best, to which you have more opportunities to be confident that this strategy will be useful to you.

LyudmilLukanov
Aug 07 at 15:09
644帖子
I think all strategy is good if you can master it.

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