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Thread: How to make a profitable strategy (4 ingredients)

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    How to make a profitable strategy (4 ingredients)

    A strategy that works well for you does not automatically means it will work for other traders. It is because strategy is just a tip of the iceberg.

    There are mainly 4 ingredients:

    1. A statistical edge (trading strategy)
    2. Risk-reward management (Profit taking and proper stop loss placement)
    3. Psychology - everyone has different psychological make-up and level of fear, or emotional response when it comes to risk taking, losing and winning.
    4. DISCIPLINE - not everyone is disciplined. In fact, without discipline, no strategy works at all. A disciplined person does well not only in trading but in all fields like sports, business or sales, among others.

    Everybody is talking about strategy but very less are talking about discipline, psychology and risk management.

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    A profitable strategy is hereby needed in this market because this is what will eventually guide us on the process to make profits from forex. A trader will need a capable system and building such system will always be for our own advantage. If we are following the opportunity to practice good in this business, the possibilities of earning well will be on the high side for us and with stable planning on learning, we can also achieve the better means of managing our capital.

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  3. #1062
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    Only those traders are lose their money which are make mistakes on their trading. Profitable trading strategies are give us easy success but traders learning and their experience is also important for them because without experience this is not possible to earn money. You can make big profit only when you are use profitable trading methods in trading with patience and proper planning.

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  4. #1063
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    Quote Originally Posted by Tonycee View Post
    A profitable strategy is hereby needed in this market because this is what will eventually guide us on the process to make profits from forex. A trader will need a capable system and building such system will always be for our own advantage. If we are following the opportunity to practice good in this business, the possibilities of earning well will be on the high side for us and with stable planning on learning, we can also achieve the better means of managing our capital.
    In short a perfect trader can make profitable trading strategy because when traders are do all things perfect then we will make money. To make a profitable trading strategy traders knowledge is really important for traders. Without knowledge and experience traders cannot make money and make a profitable trading strategy because these things are help us to make a profitable trading strategy that is help us to gain daily basis good profit.

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    We all know that traders knowledge and their experience is really matter in success of forex traders. In this thread you are share very valuable things which are give us easy success and help us to gain daily basis good money from forex trading. Traders must follow the market trend with profitable trading methods which are lead them towards the success of this business.

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    Registered user sniper007's Avatar
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    Trading is a business that in a nutshell, should be taken seriously and then the trader should always get to learn how to trade in the slow and steady approach and the learning also should be done that way, so, it is logical that when deciding on the trading strategy that a trader wants to make use of, what they should also get to think more about is actually not about the profits, but how long the strategy can sustain them.

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    Traders profit is based on their knowledge and their experience and to focus on the profitable trading strategies traders can make every day profit. traders success is possible if they are follow the market trend with profitable trading ways and use these profitable trading tips we will definitely identify good trades on daily basis and earn money.

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    This is very tough to make a profitable trade if we never have any experience on this market o at the first place our time or practices is important that can enhance the thinking and ideas to generate in our mind an then the experience will be achieved and every trader will be able to win successful trade .

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    Registered user pajero's Avatar
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    Quote Originally Posted by clifton View Post
    In short a perfect trader can make profitable trading strategy because when traders are do all things perfect then we will make money. To make a profitable trading strategy traders knowledge is really important for traders. Without knowledge and experience traders cannot make money and make a profitable trading strategy because these things are help us to make a profitable trading strategy that is help us to gain daily basis good profit.


    After we have all the necessary trading components such as trading systems, trading rules, money management and trading plans, we just need to implement discipline to run it. There must be a strong commitment in us to want to consistently carry it out. That way we will get consistent profits and success in trading we will be able to achieve. And it is indeed hard work and if you don't give up, it is really needed, of course

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    We can make a profitable trade hen we have a stronger trade strategy for working with proper ideas and plans so we need to get a better trade system and with giving time for earning and good understanding it will be easier for us to develop more new changes for earning money with secure results .

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    Quote Originally Posted by sniper007 View Post
    Trading is a business that in a nutshell, should be taken seriously and then the trader should always get to learn how to trade in the slow and steady approach and the learning also should be done that way, so, it is logical that when deciding on the trading strategy that a trader wants to make use of, what they should also get to think more about is actually not about the profits, but how long the strategy can sustain them.
    We must take this business serious because traders can make money from forex trading only if they are follow profitable trading methods on their trading. We must focus on learning and use profitable trading methods we can easily identify the market trend and focus on these profitable tips we can make easily make good and big profit from this business.

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