Trading Strategy in forex trading

[RANINRAI]

in forex trading we need to build strategy. Trading strategy will not make in one day. It varries from person to person. So to master in strategy one should build its own strategy during its learning and forex practice period.

it varries from one person to person.. it varies from week to the next week.. the market changes everytime..

 

[Hoper]

And what has changed on the market? These changes are local. If you look at a 10-year-old schedule, and on the current schedule - then you do not wear big changes there. Locally yes, the market may change, move from the flue to the trend. But these are local changes. Each trader must prepare its trading strategy to this. I always test the strategy on the ForexChief cente. I always test as a strategy in lateral trade and trend. I make adjustments to the algorithm.

 

[Charles Agustin]

Different traders have different trading strategies, among them some are for scalping and some are from long term trading. But, effective strategies are rare in sight. To the students, scalping is the best alternative because it gives them quick return.

 

[Talisman]

No matter which trading strategy you are using, they will fail someday for sure. This makes it important for traders to stay updated with the live market conditions so that you can make changes in your strategy as per the need. Make sure that the strategy you choose suits your preferred time frame.

 

[Hoper]

The market remains unchanged. There are two phases. Trend Phase and Flet Phase. Everything else practicals is invariably

 

[Pontoon]

You will have to find a strategy for yourself. There are no shortcuts. You will have to do the hard work.

 

[antwanmcdonough]

Your trading strategy can save you from the impact of market changes. When you analyse the market to build a trading strategy, you will know that there are so many market movements that need to be addressed. It would be utter foolishness to enter the market without a strategy. In fact, before you craft a strategy for entry, craft your exit strategy.

 

[rues]

Most simple stategy is (made myself):
m15 - when bar break through 6 previous bars - buy and trail stop for low every 6th bar. TP by hands on enormous large bar
it works also at m5

 

[fartkontrol]

You may have a profitable strategy at the moment. But after some time, it won’t give you the same results. Every strategy calls for some tweaks and updates with time because of the ever-changing market conditions.

 

[Tomfoolery]

A trading strategy shows traders the right path to keep moving. It doesn’t matter which strategy other traders are using. What matters is whether your strategy is in accordance with your requirements or not.

 

[Magnificent]

Your trading strategy is your savior in the forex market. It helps you sail through the risks and reach your destination of making profits. You may fail at times but when you keep improving with time, you can recover even the losses you made.

 

[Reticular]

Trading strategy is important for a trader, it helps in your trading plan and going on about the trades. Some traders miss the necessity of a strategy and thus often fail.

 

[Manometer]

A well-designed trading strategy is critical for market success since it enables a trader to identify possible trades and enter/exit the market at the appropriate times to profit.

 

[Pinking]

A trading strategy is essential for a trader since it systemizes the entire trade, which is critical for long-term success.

 

[Liang Huiqing]

Your strategy is an integral part of your trading career. This means that it has to be the best in accordance with your trading needs. So, instead of settling with the first strategy you learn about, make sure that you test several strategies until you find the best one for you.

 

[Psychomancy]

I like the price action strategy the most. It’s easier to check the price movements rather than using indicators to get signals and trade as per them.

 

[Cervicorn]

Strategies are important in Fx trading as they help give structure to your already creative ideas. They act as a guide, a plan to help the trader identify the correct opportunity and time trades accordingly. Loss is inevitable but a solid strategy helps you focus on minimising risk and receiving returns.

 

[rafaelb]

Good morning, does anyone recommend a good forex course?

 

[Aerogenesis]

Without a trading strategy, you can only expect to lose your hard-earned money. If you aim to win and are a wise trader, there is no chance that you will lose your hard-earned money without any strategy.
Trading strategy is a method that is used to buy and sell currencies.

 

[Tempera]

When it comes to forex trading, having a clear and defined strategy is essential to success. Trading without a strategy is often compared to gambling, as it is simply a matter of chance whether you will make a profit or not.