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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. #4641
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    We easily choose the best strategy by using the best browser in the trading . i trade on the basis of news , the news will moves all the times ,we easily earn a lots of money from the forex when we choose the best strategy in the trading . i see the best strategy is the long term strategy.

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  3. #4642
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    We can choose a better trade system to open the trade in the real market and on the basis of erect knowledge and good learning will give us details about which types of working methods are helpful for winning success and which are not good so we should have the lot of experience that important to take the wise decisions.

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  4. #4643
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    We don't understand how to choose a strategy until we have asked someone that has been in the market before us, this is usually where the challenges we have in the forex market comes from, when we want to select a special trading strategy, we should ensure that we understand the principles and also the need for discipline.

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  5. #4644
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    First we will definitely know about the market trend and its movement then can select a trading strategy. Traders success is become possible only if they are follow the market trend with good planning and they are use their skills and their learning in trading to identify the market trend. Traders must focus on make good and strong trading plans they they want to make money from forex.

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  6. #4645
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    As a newbie trader that don't really have the right knowledge and experience about forex trade it becomes so challenging for us to choose the right and best trading strategy that will provide profits in forex market for us, honestly it is good for us to be in a good practice in forex market to understand it better in order to make the right choice of trading strategy.

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  7. #4646
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    Choosing a strategy isn't that difficult because there are already a lot of strategies out there that we can trade with, to learn and understand a simple strategy is what matters because there are already a lot of strategies that we can choose from to learn and master how to trade with one of those strategies is one of the difficult thing to do.

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  8. #4647
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    The strategy is chosen through consistent learning and then the success is been built based on hard work. Just choosing and making the choice of strategy that you would want to make use of wouldn't mean that you would become profitable and successful with it. But what is needed the most is that the traders is been able to comprehend the discipline needed fro success.

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  9. #4648
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    This is not enough for traders to choose a trading strategy. They are need to make a good and profitable trading strategy. All traders are need to use a good and effective trading strategy which give us profit without losses. I use trend line with arrow signals which is best profitable trading strategy and give me easy earning every day.

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  10. #4649
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    It take experience to choose the right trading strategy and skills, so first we need to learn and develop a good experience and knowledge before we start to trade because that's when we'll be able to choose the right strategy to trade with, a good trading experience will help us to build up a good strategy and skills that will make trading very simple for us to trade.

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  11. #4650
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    This is the very important thread for all the traders that want to trade in the forex .firstly they use different browser in the trading and search the different method to trade . we easily earn a lots of money when we use the short term strategy in the forex trading .

    - - - Updated - - -

    This is the very important thread for all the traders that want to trade in the forex .firstly they use different browser in the trading and search the different method to trade . we easily earn a lots of money when we use the short term strategy in the forex trading .The forex trading system is just like money making machine, we earn a lots of money from the forex .

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