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Top Forex Forum | Get Forex Trading Strategies & Feeds | Forex Forum

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Which Strategy for Beginners?

For beginners, a simple and effective strategy is to focus on trend following. This involves identifying the direction of the prevailing trend using basic technical analysis tools like moving averages or trendlines and then entering trades in the direction of that trend. Additionally, practicing proper risk management by using stop-loss orders and position sizing is crucial for beginners to protect capital and manage risk effectively. As beginners gain experience and confidence, they can explore and adapt more advanced strategies to suit their trading style and preferences.
 

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