The best trading strategy

[Talisman]

I have no doubt in saying that scalping has got to offer the best and the highest returns out of all strategies out there. But it needs a trader to be highly skilled, knowledgeable, and quick to make right decisions with every price movement that takes place in the market.

 

[mlawson71]

I don't know about that. Do you have any statistics to support that scalping offers the best profits?

 

[Deam.Hender]

I use the swing trading strategy as of now since it focuses mostly on taking smaller gains in short term and cutting losses faster than usual.

 

[Pontoon]

There is no best strategy,as everyone has their own trading approaches and style. It depends upon you. If you are capable enough then you can make any strategy work for you.

 

[roy3421]

if you are newbie trade on daily charts with demo or very little money . you will gain confidence so you can start exploring new ways to make money with low time frames

 

[Zygosis]

The traders' skills and knowledge determine how effective a trading strategy is. And picking a trading strategy depends on the trading style.

 

[rorza25]

put a blindfold on and throw a dart at the board . theres your buy

 

[VargaDimwit]

Trading strategies are a personal choice. Your trading approach should be determined by your personality type, amount of discipline, risk tolerance, available funds, and time constraints.

 

[Pinking]

Here are a few tips to make forex trading profitable. Always use a trading system. A system can provide psychological and market support to help you stay in the game. Never get emotional. Never chase the market. Focus on your trading system. Always keep your stops in place. Take small losses quickly and let your winners run. Learn from your mistakes. The market always goes up over time. Stay in it for the long term, never get impatient and you will be successful.

 

[Cervicorn]

The best forex strategy is also the easiest and most popular. It is trend trading. In this strategy traders choose to trade the currency pair that is the most trending. This type of currency pair is the most volatile in the market. The more volatile the market, the more profits can be made. However, it is to be recognized that any strategy that you apply, you must know how to fundamentally and technically analyse the market.

 

[Walter]

For me the best strategyes come from a backtesting multiple combinations of indicator all togheter

 

[cashisking86]

Truth bomb. There is no "best strategy". Forex strategies are bespoke to the individual and formed over time with practice and trial and error. The notion of this so called "best strategy" is created by lazy people looking for shortcuts to making money and sold by those looking to exploit them.

 

[Pediment]

Trend trading is the finest trading method since it is simple to understand and very successful. It is based on the application of technical analysis to determine the direction of market momentum. Position traders and swing traders typically use a medium-term approach since their positions are active for a lengthy time.