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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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    Quote Originally Posted by Tonycee View Post
    I believe we should not give up with aspiring for more knowledge and developing a system to see we can have the possible means to make it. Choosing a quality system is very important and if we can have a plan to succeed, there is no way we can't be able to make profits. Choosing the best system is important and all plans we put to invest in forex will bring about the opportunity for us to survive good. Let's learn to build a system and let's make sure we can achieve our goals to trade better and actualize profitable result with time.
    yes, never give up is the main idea to be work properly in the market. in a business you can face loss and profit both things so you must ready yourself to be face both parts of a business and build confidence in yourself to be manage your trade with finding out such opportunities that can give you sense to choose the right option for trading and achieve your desired targets with positive trading results.

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  3. #4112
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    Choosing a trading strategy or style is very important,a trader is as good as the trading style he or she is using,if you have a bad trading strategy there is every likelihood that you might not succeed in this market,so it is very important for traders to make sure that they develop a good trading method by practicing with the demo account very well.

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  4. #4113
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    In this market a trader will get success only if he have selected a good trade strategy we have to be good at working with them learning properly with good use of strategies always help trader to get success , we have to follow the right approach of trading with good mind set we develop the right way with good strategy .

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  5. #4114
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    Well thread , we can easily earn money from the trading . when we start the trading firstly we choose the best strategy of our trading . the best selection method is the use of different browsers in our trading and search on the different ways . i like to use the short term strategy in our trading . i can this strategy very much.

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  6. #4115
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    Quote Originally Posted by Rozi_Roti View Post
    Well thread , we can easily earn money from the trading . when we start the trading firstly we choose the best strategy of our trading . the best selection method is the use of different browsers in our trading and search on the different ways . i like to use the short term strategy in our trading . i can this strategy very much.
    Earning good capital from Forex is not easy and simple trader must have good knowledge and trading strategy then he would be able to trade easily and successfully.Learning is the so much important thing for trader therefore trader should spend his good time for learning and do more practice for getting good experience.So many strategies are available in Forex trader should choose that strategy which help the trader in analyzing the tren.

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  7. #4116
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    There are things that would determine our choice, what do you want from the forex market, are you thinking that trading should be done with daily earning or you believe it should be like a job where you wait till the end of month before you make money, these are the things to typically understand before we say that a strategy is good for us or not, we also need to keep practicing to understand any strategy well.

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  8. #4117
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    Quote Originally Posted by ASS7890 View Post
    Earning good capital from Forex is not easy and simple trader must have good knowledge and trading strategy then he would be able to trade easily and successfully.Learning is the so much important thing for trader therefore trader should spend his good time for learning and do more practice for getting good experience.So many strategies are available in Forex trader should choose that strategy which help the trader in analyzing the tren.
    Yes, it is not easy to earn from forex field, but with the appropriate experience, the forex trader will be able to gain from it. The success in forex field is as a result of the proper way in whom forex traders are developing their forex strategy, the forex traders with the correct forex strategy will have the ability to analyze the forex field and get to be trading with the strategy who can give the best to the trader at all time.

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  9. #4118
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    in order to choose the best strategy we must do learning first and then our knowledge and good experience are matters a lot to take the right strategy and gain the best strategies on work that helpful to make the right working way and hain the extra profit rates by working and choosing the best .

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  10. #4119
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    Any trading system that do not reduce risk when compare to reward at the end of the day can never be considered to be a good trading system. Our main reason for been in the forex market is to reduce loss and make money at the end of the day.So, this is one of the things i take as priority when searching for a good trading system.There are so many goo system that lack good risk control and money management.

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  11. #4120
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    A trader will became the successful trader in the real market if they choose the best ever strategies for working so we have to choose only the right methods and with the power of good learning and making the knowledge properly always important points that helpful a lot to choose which working way is essential for making success possible .

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