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  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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    Quote Originally Posted by silverlady View Post
    Spending your time very well in demo is a good choice madam, it can not be all the way in the way we are believing it to be, but when this is use aright, it makes money for the trader, the demo and the live trading are always the same thing when a good package is in place in the dame manner for the both of them.
    It is good choice for every traders to know where they are learning and how they do the learning, the use of the demo is a wise choice for traders, although learning is not limited to the trading of the demo alone, the choice of doing this lies directly with the trader. So, the use of live trading is not bad too if the trader is careful, all that matters is serious learning.

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  3. #22
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    Quote Originally Posted by cozard007 View Post
    It is good choice for every traders to know where they are learning and how they do the learning, the use of the demo is a wise choice for traders, although learning is not limited to the trading of the demo alone, the choice of doing this lies directly with the trader. So, the use of live trading is not bad too if the trader is careful, all that matters is serious learning.
    Serious learning matter's a lot in trading and its not matter much for me that I am in demo trading account or real trading account, if we are following the right approach and trading mindset in both demo and real trading account then trading result will be also same. Trader's should have to be serious about their demo trading learning so they can learn in a best way there.

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    Quote Originally Posted by Khimi234 View Post
    Serious learning matter's a lot in trading and its not matter much for me that I am in demo trading account or real trading account, if we are following the right approach and trading mindset in both demo and real trading account then trading result will be also same. Trader's should have to be serious about their demo trading learning so they can learn in a best way there.
    Of course, the main thing is to get the concept of the learning, either the trader is sung the real account or demo account for the learning and practicing doe snot matter. All I know is the outcome of what the trader has learned, so that they will get the best in the trading with this act and the application also matters in live trading.

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    Quote Originally Posted by Khimi234 View Post
    Serious learning matter's a lot in trading and its not matter much for me that I am in demo trading account or real trading account, if we are following the right approach and trading mindset in both demo and real trading account then trading result will be also same. Trader's should have to be serious about their demo trading learning so they can learn in a best way there.
    demo or real trading account is not what matters to trade, the getting of the doings of traders in the forex is what is important to traders. demo is the first place to make learning by traders, the traders who learn demo are almost all traders, it is where traders are choosing the system they are using in trading.

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  6. #25
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    Quote Originally Posted by sosofx View Post
    4-after 10 trades you will know if your strategy can earn and work in this market or not.
    yes to work of the series of manage on running the continuous evaluation with the returns of the trading works on referring the further on decision to improves the preset on strategy on enhancing performance with the further entrance on working with the new system and strategy.

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  7. #26
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    Quote Originally Posted by sosofx View Post
    1-you should choose very clear strategy with fixed stop lose and take profits .
    yes those helps as trader works on running of system as delivering good target pips on returns as to focus with the decision on occupying use with the strategy as applying use with the risks management strategy on closing of total on numbers with the compounded pips to manage by the range of terms.

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  8. #27
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    Quote Originally Posted by silverlady View Post
    demo or real trading account is not what matters to trade, the getting of the doings of traders in the forex is what is important to traders. demo is the first place to make learning by traders, the traders who learn demo are almost all traders, it is where traders are choosing the system they are using in trading.
    Of course, the working of the trading strategy of the trader in the right ways is the main thing that matters in the market. Although, the demo is very important for the first learning stage, and this would give the trader the right skills to trade in the real account. But the success of the demo and the seriousness of the trader is very important to do that, if not, nothing could be done

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    [lang=id]
    Quote Originally Posted by sosofx View Post
    5- if your risk reward only 1:1 that mean you will need to 60% winners of your trades to be profitable strategy.
    this is a good thing for traders to make the system works and give them nice percentages for winning, 60 % for winning with 1 : 1 that is forex profitable for them, and they will grow day by day at forex trading till know how to develop and increase to get more than it[/lang]

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  10. #29
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    Quote Originally Posted by samprazaan View Post
    [lang=id]
    this is a good thing for traders to make the system works and give them nice percentages for winning, 60 % for winning with 1 : 1 that is forex profitable for them, and they will grow day by day at forex trading till know how to develop and increase to get more than it[/lang]
    Sir, I do not really know what you meant, but I am sure that the trading strategy that would give 60% winning is still too weak. If the trader is now using the 1:1 risk to reward ratio, it means that it will never give success to the trader, because the chance of making money with it would only be 10%, and this is too low to work with.

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  11. #30
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    Quote Originally Posted by samprazaan View Post
    [lang=id]
    this is a good thing for traders to make the system works and give them nice percentages for winning, 60 % for winning with 1 : 1 that is forex profitable for them, and they will grow day by day at forex trading till know how to develop and increase to get more than it[/lang]
    i don't see this calculation to be good, your 60% winning will not make it work and the 1:1 you want to use with it. traders who can do there tradings with more winning percentage and more management ratio will have more results in that trade, not trades who trade in your way.

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