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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. #831
    Trader ola4real's Avatar
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    forex trading is about the preparedness of forex traders ,we should have our means of learning, we should learn what is good and we will be discovering a good method to trade forex field. And the choice we will be making between the use of one strategy or many strategies will be our own to develop after we have tried well to know the next point of action by our experience.

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  3. #832
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    Quote Originally Posted by ola4real View Post
    forex trading is about the preparedness of forex traders ,we should have our means of learning, we should learn what is good and we will be discovering a good method to trade forex field. And the choice we will be making between the use of one strategy or many strategies will be our own to develop after we have tried well to know the next point of action by our experience.
    I think learning is very important for the trader for choosing the good and profitable trading system.Forex business is very risky and trader cannot survive without good knowledge and trading skills.Every trader choose his strategy according to his knowledge and skills if he choose the right strategy according to his ability he can easily make good capital from Forex business.

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  4. #833
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    Quote Originally Posted by ola4real View Post
    forex trading is about the preparedness of forex traders ,we should have our means of learning, we should learn what is good and we will be discovering a good method to trade forex field. And the choice we will be making between the use of one strategy or many strategies will be our own to develop after we have tried well to know the next point of action by our experience.
    We need to try to stick to the meaningful ways of trading and always have the necessary preparedness, that is achieved by means of a strong plan. So it is good to use few or just 1-2 strategies with good command then to go with too many strategies with little understanding. And during implementation of a strategy we have to exercise a lot of discipline. Actually we lack certain things that put us in troubles.

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  5. #834
    Trader tfs2012's Avatar
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    I disagree with you in this I think the trading system can consist of a number of strategies that are used together or separately and this is one way that can be used to ensure the quality of the opportunity
    You can also use a number of strategies in an integrated way so that there is a strategy to determine the entry point and another to determine the stop loss and another to determine the target

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  6. #835
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    One method about the way a trader can trade and maintain good profitable means of making money from the market is trading with the use of one best trading strategy there is no need making use of the so many trading strategy, when the trader can learn and then develop a good approach of trading based on just one trading strategy.

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  7. #836
    Trader Obaforex's Avatar
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    Yeah actually we do not need multiple trading strategies to really be successful in the forex market, just one good and profitable trading strategy is enough, all we need to do is simply trade such strategy with discipline and good money management to help protect our trading account against excessive draw down just in case we run into a lossing streak.

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  8. #837
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    The best trading strategy are those that enable us to trade without too much hesitation, you cannot make this decision for someone else, for me, when people say that they trading system is the best, I simply see that as an exaggeration because someone who does not understand the system will definitely lose from it, which is why each trader must be deliberate in the acquisition of knowledge for this market.

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  9. #838
    Trader Lyon's Avatar
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    We need to start with the best trading strategy. It is not simple trading in the market and then making money. Therefore, one good trading strategy is enough and can make us so much success, if we know how it can be used in the market. having one trading strategy that we have learned and mastered which has consistent income of pips is way more better than having so many strategies.

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  10. #839
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    Quote Originally Posted by Brain View Post
    One method about the way a trader can trade and maintain good profitable means of making money from the market is trading with the use of one best trading strategy there is no need making use of the so many trading strategy, when the trader can learn and then develop a good approach of trading based on just one trading strategy.
    Yes one good trading strategy is good and suitable for making good capital in Forex business but trader must have completer knowledge about that strategy.Forex business is very risky and a trader cannot survive without knowledge.There are so many trading strategies and i think all the strategies are good and profitable it all depend on the trader knowledge and experience.

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  11. #840
    Trader juniorpeters's Avatar
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    with one strategy a trader can earn a living in this market we don't need to learn all the strategies in the market to be profitable,even if we are facing difficulty in our trading strategy the best thing to do is to go back to the chart and find out where the mistake came from and make a correction.i use to have a good strategy and it failed,instead of looking for a good strategy i went on to look for another strategy which complicated everything for me.

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