how we can choose our trading strategy? - Page 438
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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. #4371
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    This is the good thinking to choose the best strategy of the trading .we choose our strategy by using the different browsers in our trading . i think that the use of trading strategy may be so good to earn a lot of money from the trading . the forex is best way of earning .

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  3. #4372
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    Choose to trade with your system before you go about investing because the market is a full with different uncertainty that can mess you up immediately without mercy. It is hard to undergo this process without the help of an experienced Forex trader or a mentor, but doing it yourself through trial and errors method is perfect.

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  4. #4373
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    If we want to choose a good strategy to trade with, we must do it with a good experience and knowledge too, without the right knowledge and experience about this business it will be very hard for us to choose the right strategy to trade with, but with the right experience and knowledge we can choose the right strategy to use with the market.

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  5. #4374
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    This should be a good concern for traders in this market. If we can understand the very way to build a more profitable system, we will have the advantage to make profits from this market. Choosing the best strategy is for our own good and if we can learn about how this system works, we will achieve the best of trade and we can create a system that can lead us through in trading. Choosing the right system is important and its what we must work hard for and see we build up one we can manage.

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  6. #4375
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    Tonycee,Its positive for trader if we put all of our efforts in find the best trade system and develop own successful system these will give earning opportunity and we develop better system to work , if after efforts and learning we develop a good system we are able to make multiple trade ideas through we make our plan successful .

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  7. #4376
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    First of all you check your trading style and check that you like short term or long term trading and according to that choose your strategy.The trader should know the style and trading pattern he wants to follow that would help him in knowing the strategy he will use and form his own basic trading system.trading skills knowledge and learning is the most important thing to earn money in their business improve all things and make money easily.

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  8. #4377
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    If we focus on market trend then we can select best signal not a good strategy because strategy is other thing, in strategy we can have two important things first of all we make analysis which is necessary thing in trading. After that we can have management which save us so both perfect things make us good.

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  9. #4378
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    Choose any strategy for trading have not easy without good experience and knowledge but if newbie need to choose strong or profitable strategy for trading then he can need to daily basic learning about all strategy method and use demo account trading then you should idea for choosing strong or profitable strategy for our trading business.

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  10. #4379
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    The best I can say is that we have a lot of learning to be done if we want to make a good profitable trading strategy. The demo trading account will really help the traders understand in full how they can select the best of trading strategy which will make it possible for them to become profitable. You have to develop a good emotional conduct to have any strategy work for you.

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  11. #4380
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    Quote Originally Posted by choaa View Post
    The best I can say is that we have a lot of learning to be done if we want to make a good profitable trading strategy. The demo trading account will really help the traders understand in full how they can select the best of trading strategy which will make it possible for them to become profitable. You have to develop a good emotional conduct to have any strategy work for you.
    In Forex business there are so many and different strategies in Forex and every trader has freedom to choose any strategy trader should spend his value able time for learning because without learning no strategy would be good. Demo accounts are good for trader for the purpose of knowledge and testing a strategy.

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