What is your trading strategy ?

Trading strategies can shape the way a trade is executed and a successful strategy can help a trader a lot.

Yes, a trading strategy forms an integral part of a trader’s life specially when they have to keep making profits in the forex market.

we need most powerful analyzing trading strategy so that we can bring good amount of profit by trading .

Trading strategy is hardest thing in forex to get. It is easy to learn risk management and patience but finding strategy that work is so hard

The only strategy I find profitable until now is the Price Action trading strategy because it can be utilised for a long, medium or short-term period. I can also use several time frames for analysis.

Duktilar posted:
Recently, I started trading on news very interestingly and quite effectively, but you need to be as focused as possible.

Also, you need to be extra careful with the spreads as they generally widen during news release.

I use position trading strategy because it focuses on the fundamental factors, and it is suitable for traders that are patient because it takes weeks or months.

Now I mainly work on long-term trading, because this has its own benefits.

I work with a statistics-based trading approach. I only focus on a single currency pair and try to profit off of it, doesn't matter if market is bullish or bearish. My risk per trade is 4.5% of my equity, which is a little bit compared with what most Forex education teach us. But it's all part of my overall long-term plan.

it does not matter what strategy you are using. only matter is how well you are executing it.

Now I mainly use a hedging strategy, and this does not help to make good money.

Regardless of which trading strategy is very popular, you should still choose the one that will satisfy you.

Aurisida posted:
Regardless of which trading strategy is very popular, you should still choose the one that will satisfy you.

Exactly..... couldn't agree more.

I suggest having a strategy that is not too rigid and that reflects your goals and your personality as a trader especially with regards to how much risks you are willing to take.

I suggest trading the trend personally. I use several different time frames as well as several different indicators that must much up in order to determine the trend change. I developed an EA that does just that.

any kind of trading strategy can be useless if there is no money management.

Money management is the core of trading. Without managyour capital a trader cannot succed in forex trading.

In my opinion, the newcomer entering the market does not need to focus on the trading strategy, as this is very relative. There are many options for strategies that will suit your operational needs, such as time, bank size, trading hours, trader profile...

I see a lot of talk about strategy, but I don't see them talking about the basis of the market, what moves the price, what is the behavior of the price, because on certain days the price shoots up to 1000 points and on other days it doesn't exceed 100 points.

For a novice, this information is important, it is necessary to know how the market works, as a doctor needs to know how the human body works. And with this information, then he will seek to adapt to an operational strategy.

DjanLuis posted:
In my opinion, the newcomer entering the market does not need to focus on the trading strategy, as this is very relative. There are many options for strategies that will suit your operational needs, such as time, bank size, trading hours, trader profile...

I see a lot of talk about strategy, but I don't see them talking about the basis of the market, what moves the price, what is the behavior of the price, because on certain days the price shoots up to 1000 points and on other days it doesn't exceed 100 points.

For a novice, this information is important, it is necessary to know how the market works, as a doctor needs to know how the human body works. And with this information, then he will seek to adapt to an operational strategy.

Knowing the market literally, understanding everything - this, of course, is the initial task of every beginner, but still I want to earn and see the result, so I believe that the opportunity to earn money using the RAMM service gives a good impetus for everyone.