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Thread: Good and only one trading strategy is enough

  1. #1
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    Good and only one trading strategy is enough

    We have often make changes in trading strategies that we have it is actually not good for our trading.Its just to be able to get the best strategy which requires a lenghty anallysis should always get proof and it would be an important thing for us to get it, and we have got the most suitable edtrading strategy should be maintained.

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  2. #1801
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    Personally, I have been saying it that all we need is just a simple trading system which is very effective and strong enough to start earning consistent money off the field of forex market and it is through getting to learn more about the trading system over time and making sure that we spend time to really practice on the demo trading accounts as to be able to master the trading tools on the market itself. But some people thinks that they could handle other trading systems at the same time and that is up to them.

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  3. #1802
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    Quote Originally Posted by Tonycee View Post
    One strategy can be very promising as long as it will give us steady or consistent winnings in forex. One good strategy can give us the possible ability to earn from the market and there is a huge chance for us to earn well here. Learning about a good system is important and we should know that for us to make it here, we must be well ready to learn. Having the best strategy is good and with one system, we can sure make profits.
    One strategy is enough to earn for some traders while some might prefer to use few strategies but its a big mistake to trade without a strategy. In the first place experience help us to make fewer mistakes then we make when we are new because we better know the things. The power that makes a strategy effective is our experience about the strategy, so we should go with a strategy we know well.

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  4. #1803
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    It is up to us whether we want one strategy or more than one strategy in our arsenal. However we have to act according to our strategy, like if it is a trend strategy we should stay silent in consolidating market. Further the conventional way of reading charts, patterns and using indicators cannot suffice during news, but it can help us to spot good opportunities otherwise.

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  5. #1804
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    Through the analysis process we can get to no what the next market movement will be and a strong strategy is what we need to be able to analyze the market properly, and am very sure that just one strong strategy we can analyze the market correctly without any problem, we do not need plenty of strategies to trade before we can succeed in this market.

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  6. #1805
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    Quote Originally Posted by Abhishekwala View Post
    It is up to us whether we want one strategy or more than one strategy in our arsenal. However we have to act according to our strategy, like if it is a trend strategy we should stay silent in consolidating market. Further the conventional way of reading charts, patterns and using indicators cannot suffice during news, but it can help us to spot good opportunities otherwise.
    This is the decision a trader takes for himself. Nothing is bad having numerous system but we can still decide on the very system we want to use to trade the market. One strategy can be enough for all traders and its surely the opportunity for all traders in this market to maximize their goals and seek on the better ways to improve for good. One system can give us a great profits hence its very effective and can help with proper risk management.

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  7. #1806
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    If you think you need more than one strategy to succeed you think wrong, because one good strategy is more quality than thousands of strategies you don't have better experience to use, quality is what matter in this business and not quantity, so if you can construct just one quality strategy that would be enough to achieve success with.

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  8. #1807
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    Quote Originally Posted by Eneregha View Post
    If you think you need more than one strategy to succeed you think wrong, because one good strategy is more quality than thousands of strategies you don't have better experience to use, quality is what matter in this business and not quantity, so if you can construct just one quality strategy that would be enough to achieve success with.
    You are completely right! I believe there is no need to to start looking for so many ways through which you want to start earning money when you can actually depend on one effective trading method which shall make you become more consistent in making good amount of money over time, and I believe that if we have one trading method which is perfectly helping us to earn good money we would be looking for another one. Let us be honest to ourselves if there is one good trading system that have been giving us more profits then there is no way we should start looking for something that we do not know whether it would work or not.

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  9. #1808
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    It is a power of learning for trader to develop own trade better and we used the best trade strategies to make our trade plan success , we follow any pattern or way of trading to build our ideas well and by follow them it will give trader opportunity to work this will give trader opportunity to trade and have success .

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  10. #1809
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    It is not a thing that i take seriously, traders could use the one strategy when that is what the trader has learned. Traders could use the multiple strategies when that is what the trader has learned, that is the main thing about this. I am certain that we can trade as we like, so we should not let any traders tells us which one is best among this two categories.

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  11. #1810
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    A strong strategy is what we need to trade forex successfully, we can't trade and succeed if we are trading or mixing too many strategies up, one strong strategy is what we need to trade forex very well, as long as we have a good understanding and experience to use the strategy it will be enough for us to trade profitable.

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