What is your trading strategy ?

Babypips will teach you everything in terms of basics.

JapaneseGroupFx posted:
My Strategy are mixed and dynamic with the market movement, if it's Trending, I switch to high trend trading by taking profits in bigger pips, if it's Ranging market I switch to scalp type of trading, in summary market condition determines what strategy I will switch to.

How do you determine whether price is ranging or trending? That is the difficult part. A simple buy and hold strategy will make money in a trending market but the difficulty is knowing when the trend has started or ended

jamubang posted:
Babypips will teach you everything in terms of basics.

Yeah. Good for beginners.

Dropshiping

My strategy depends on the condition of the market.

Buy tops and sell bottoms. Works for me.

MRodrigez posted:
Buy tops and sell bottoms. Works for me.

Don't you mean Sell tops and Buy bottoms?

I don't have some kind of exact, ready-made strategy. I just try to earn (sometimes just not to lose) money and learn something new. It can be a successful month, it can be bad - it's okay. The main thing is that you have learned something, gained some experience, perhaps even made new connections. For example, before I started trading, I was not very organized and a bit distracted. But I became more disciplined and I like it about myself. Trade to your pleasure!

Every trader has different strategy. You should make a solid strategy to make money from this risky market. Don't follow other's strategy.It may not suit you.

Felhagamand posted:
I don't have some kind of exact, ready-made strategy. I just try to earn (sometimes just not to lose) money and learn something new. It can be a successful month, it can be bad - it's okay. The main thing is that you have learned something, gained some experience, perhaps even made new connections. For example, before I started trading, I was not very organized and a bit distracted. But I became more disciplined and I like it about myself. Trade to your pleasure!

Same here, I do not have any strategy but rather, I try to look for the way to make profit via spreads and stuff and keeping it simple. I mean, I am not crazed into trading but I do enjoy trading, even though I know there is very strong risk of losing money. And just like you said, it can be successful month, it can be bad, but that is okay. Every stuff you go will either go up and down. And the important thing is that you learn something and you try to make best outcomes as you can.

My trading strategy is to earn profit regularly. I never stick to one strategy, sometimes I trade using higher timeframes and sometimes using lower time frames sometimes I prefer scalping but the main goal is avoid significant losses.

Making money is not so easy.You need a proper plan to make profit from this market.

Shelby10 posted:
Making money is not so easy.You need a proper plan to make profit from this market.

What is your trading strategy?

According to my personal trading experience, Price Action trading system is the best. It’s the most flexible one! Since you can use any kind of trading instrument here including crypto’s.

I work with technical analysis. Technical analysis helps a lot in creating a good strategy. It has to be combined with the fundamentals.

I don’t know how people change their strategies over and again. I find it difficult and as far as I know, it is advised to stick to a single strategy.

Selecting a trade strategy is an important step in forex. Every trader has to work with a strategy and make profits using it effectively.

Yes, selecting what strategy to use for a trade is my favourite thing to do and I keep trying new ones. So far, I like scalping and I’m practising how to trade it well.

Justice1024 posted:
My trading strategy includes several accounts with differrent margin level for differrent timeframes.

Nice your covering all bases must require a lot of work to manage them all