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Thread: how we can choose our trading strategy?

  1. #1
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    how we can choose our trading strategy?

    hello every one :)
    this is one of importance things in our forex career we should to know . in fact its most important thing , every day we have a new trading strategy or new trading systems. every day we have new indicators this world will never end . but how we can know the good strategy between all those strategies ?
    let me shocking all of you . most of loser traders lose only because they use many many strategies in same trading day and that is really big mistake , we should never change our strategy or try different trading system before we are sure its not work any more and that mean give you final navigate result after 10 trades .
    that is only way to rate any strategy on short terms .
    let me explain that for you please :
    1-you should choose very clear strategy with fixed stop lose and take profits .
    2-try to find good strategy give you good risk reward ratio at least 1:1 (some strategies can give 1:3 risk reward).

    3-write every trade you open it by your strategy if hit SL or TP .
    4-after 10 trades you will know if your strategy can earn and work in this market or not.
    5- if your risk reward only 1:1 that mean you will need to 60% winners of your trades to be profitable strategy.

    finally . good luck for all traders and happy trading for all .

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  2. #3791
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    Quote Originally Posted by geddam View Post
    We have to practice using a strategy and analyzing the market with its help and then we can earn with that strategy. Most of us know trend is good but dont have the power of analysis to trade it and so we should focus on more learning. For that there is the demo account where we can learn and practice strategy and then go to real trading.
    Yeah we should take practices a lot on a trade strategy and with the power of good learning skills and our knowledge will makes the best selection for earning safe trade so making profits is based on the trade strategy that we select and with the power of good skills about trade method we can attain a powerful trade which make us to sure about success .

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  3. #3792
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    Quote Originally Posted by altafch View Post
    we can choose a best system but it not means our choice will be best some time we can earn from it but some time we can lose as well. so its reality if we can earn we can lose at any point also. for choosing a strategy contact to an expert is good thing we should contact and make sure we do demo for understanding its working or not, if not working we can choose other one
    With any trading method or way if we can make any strategy for trading then you can easily develop strong and successful strategy for trading toward success on this business. Find that the best strategy for trading are major thing for everyone but if you can take a lot of knowledge and experience about all trading trading strategy or method well then getting success on it simple possible for trader.

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  4. #3793
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    We can choose a trading strategy base on our experience and knowledge about this market, as long as we have a good experience about how to trade forex we can easily choose the right strategy that will suit our trading style, it's all about experience and knowledge, with this basics aspects we can choose a good strategy to trade with.

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  5. #3794
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    Quote Originally Posted by stanlon View Post
    We can choose a trading strategy base on our experience and knowledge about this market, as long as we have a good experience about how to trade forex we can easily choose the right strategy that will suit our trading style, it's all about experience and knowledge, with this basics aspects we can choose a good strategy to trade with.
    Yes trader should choose the strategy according to his knowledge and his trading experience.Therefore trader should spend his good time for learning and do more practice for getting good trading experience demo accounts are good for trader for the purpose of knowledge and testing a strategy.Trader should choose that strategy which help the trader in analyzing the trend.

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  6. #3795
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    Quote Originally Posted by stanlon View Post
    We can choose a trading strategy base on our experience and knowledge about this market, as long as we have a good experience about how to trade forex we can easily choose the right strategy that will suit our trading style, it's all about experience and knowledge, with this basics aspects we can choose a good strategy to trade with.
    Trader should choose the strategy carefully and after getting good knowledge because all of his trading is depend on this strategy.Forex trading is not easy trader has to do hard work for getting success demo accounts are very helpful for trader for getting good knowledge.Swing is one the good and profitable strategy for trading.

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  7. #3796
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    It's always about choosing the right system that's why every traders here must have a plan on the way to handle risk and ensure the right system is followed to sure grant us the ability to make the right necessary profits. A strategy is what we can rely on to trade better and choosing one should come from our practice in knowing what system is giving the most profitable trade in forex. A great system will have possible means to help us minimize risk and would however give us all the chance to target good profits that we desire.

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  8. #3797
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    A good trading strategy is what can guide us to have that possible chance to make profits from our trade. Choosing the right system will benefit us right here and we can have the possible plans to see we can make it in time. Without a system it will hard to follow a good trade and by the practice to learn, we can be opportune to build a system that works and have a possible chance to see we can have the better trade that we needed to earn.

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  9. #3798
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    Quote Originally Posted by sehr View Post
    Trader should choose the strategy carefully and after getting good knowledge because all of his trading is depend on this strategy.Forex trading is not easy trader has to do hard work for getting success demo accounts are very helpful for trader for getting good knowledge.Swing is one the good and profitable strategy for trading.
    It is not what traders can negotiate, the bad trading strategies will lead to ugly results for the trader. It is now a good thing to be trading the market with the best possible trading strategies which can give traders rest of mind as they are using it for their best analysis. The traders which want to take their time to learn what to do more are the traders that will go for demo in choosing their best possible trading strategy.

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  10. #3799
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    Quote Originally Posted by Ulthred View Post
    A good trading strategy is what can guide us to have that possible chance to make profits from our trade. Choosing the right system will benefit us right here and we can have the possible plans to see we can make it in time. Without a system it will hard to follow a good trade and by the practice to learn, we can be opportune to build a system that works and have a possible chance to see we can have the better trade that we needed to earn.
    A good and strong strategy always help the trader in analyzing the trend and in making good capital.Forex trading is not easy trader has to do hard work for getting success therefore trader should spend his good time for learning because without learning no strategy would be good.Trader should choose the strategy according to his trading skills.

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  11. #3800
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    You get to make the choice on the strategy to be chosen based on personal experience. I think that should be the best way and how to go about it. Because you just don't make the decisions about the trades to be taken based on assumption, you will most likely loss your money, hence it is needed to use the demo account and then practice to make the decisions.

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