Gee Dee Posted December 24, 2018 Share Posted December 24, 2018 Though various trading strategies and approaches are feasible in the present time, it is not that all trading strategies are good for each forex trader. No trader will be able to take benefits from the trading strategy he is using if it is beyond his capacity to use that strategy. For example: if you are a small scale trader who is risk adverse and want liquidity you may not work well with long term trading. Quote Link to comment Share on other sites More sharing options...
Latham Lapard Posted September 6, 2020 Share Posted September 6, 2020 I always use a price action strategy on FreshForex broker where their software is very flexible and easy to use even sometimes I use some indicators like RSI and MACD so overall using very little strategy but gaining almost all the time. Quote Link to comment Share on other sites More sharing options...
gds221 Posted September 6, 2020 Share Posted September 6, 2020 Choosing the right and effective strategy is not as easy as it seems at first glance. I am now working with broker Amarkets, and I have spent little time finding a good strategy for the job. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted September 7, 2020 Share Posted September 7, 2020 Choosing a strategy for work plays an important role, but it is worth remembering that the trader needs to be able to apply different strategies in the process of work. I work with the broker ExpertOption, and I slowly learn this. Quote Link to comment Share on other sites More sharing options...
gds221 Posted September 8, 2020 Share Posted September 8, 2020 I work with a broker Amarkets, and I can say that the choice of strategy is one of the key issues. In my opinion, this is extremely important for a trader. Quote Link to comment Share on other sites More sharing options...
Jessie Chandra Posted September 9, 2020 Share Posted September 9, 2020 In forex market spreads plays an important role. Tight spreads ensure your maximum profit. The more you give spreads, the more your profit will decreases. So, it is very necessary to have tight spreads for any trader to become successful and make money from this market. As a trader, I am trading with Forex4you. They provide very tight spreads starts from 0.1 pips. It helps me a lot to make money easily. It helps me to make more profit from the market. As a broker, They are really good and their services are very fantastic. Quote Link to comment Share on other sites More sharing options...
gds221 Posted September 9, 2020 Share Posted September 9, 2020 The main principle of choosing a strategy is its result. In my opinion, only if you are confident in the result, you should think about choosing a specific strategy. I am currently working with a broker Amarkets, and depending on the situation, I choose a strategy. Quote Link to comment Share on other sites More sharing options...
Robert M Posted September 9, 2020 Share Posted September 9, 2020 Best strategy is the strategy that works for you. The strategy that works for you may not work for me. Every body sees the market differently. For some people it's 5+5= 10 and for some people it is 8+2= 10. Try to understand the market. Read charts everyday. You will find the market sentiment. Start with a single pair. Do not run for ready-made strategies. There is no holigrail. Like trading system, broker is also very important. I am also trading forex from home with Eurotrader broker, a regulated broker. It gives a wide anger of administrations like low spreads as low as 0 pip, up to 1:500 leverage and a wide variety of technical tools. Quote Link to comment Share on other sites More sharing options...
maspluto Posted September 10, 2020 Share Posted September 10, 2020 The trading plan must be able to be considered properly, this is needed and necessary so that traders can be more optimal in carrying out trading activities that are in line with expectations and can become a trader of the month with Tickmill. Quote Link to comment Share on other sites More sharing options...
Homer Raines Posted September 10, 2020 Share Posted September 10, 2020 A good trading plan with a reliable broker will always support you to struggling in Forex which is the largest currency exchange market. By maintaining a good trading plan, you can easily balance on your loss and profit. Forex4you is my experienced trading broker with whom I am trading. They give me daily trade updates; Dow Jones News and reports, charts, quotes and data, economic calendar, and market alert are their innovative ideas. Quote Link to comment Share on other sites More sharing options...
Gardazuru Posted September 11, 2020 Share Posted September 11, 2020 When developing a trading plan, you need to focus on how the market is now and what you expect as a result of trading and always to any strategist, and I try to test on a demo account with a broker Amarkets. Quote Link to comment Share on other sites More sharing options...
gds221 Posted September 11, 2020 Share Posted September 11, 2020 Choosing the right strategy really plays a very important role. In my opinion, in this regard, it is extremely important for a trader to choose the right strategy. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted September 12, 2020 Share Posted September 12, 2020 Choosing a strategy for a trader plays a really important role. It should be understood that the choice of an effective strategy will have a positive result. Quote Link to comment Share on other sites More sharing options...
gds221 Posted September 15, 2020 Share Posted September 15, 2020 The strategy is really worth choosing quite carefully. This has a very great impact on the results of the work, and it is worth understanding. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted September 15, 2020 Share Posted September 15, 2020 The right strategy choice for the job plays a really important role for the trader. This is already one of the elements of success, and you need to take this seriously. Quote Link to comment Share on other sites More sharing options...
Lechosław Król Posted September 16, 2020 Share Posted September 16, 2020 A good strategy is needed to make a profit. It is not possible to make a profit without a good strategy. I use technical analysis as a strategy. This strategy helps me to make a lot of profit in trading. I used a lot of strategies when I was a new trader but did not get good results. After doing a lot of research I got acquainted with some good strategies. That strategy is able to make me a lot of profit in trading. Quote Link to comment Share on other sites More sharing options...
maspluto Posted September 16, 2020 Share Posted September 16, 2020 Trading plans will indeed be needed by traders, this is needed and needed so that traders can become better and can be more maximal in carrying out trading activities that are in line with expectations and can become Tickmill's trader of the month. Quote Link to comment Share on other sites More sharing options...
Laidar Posted September 16, 2020 Share Posted September 16, 2020 But do not forget that every trading plan and every strategy requires adjustment if it is clear that there is no result. Quote Link to comment Share on other sites More sharing options...
gds221 Posted September 20, 2020 Share Posted September 20, 2020 The trader should understand that the effectiveness of his work directly depends on the choice of strategy. In my opinion, now there are many strategies that can be profitable. Quote Link to comment Share on other sites More sharing options...
maspluto Posted September 22, 2020 Share Posted September 22, 2020 a good and correct understanding must be able to be carried out properly by traders, this is needed so that traders can be maximized in carrying out trades that are in accordance with expectations while on a real Tickmill account. Quote Link to comment Share on other sites More sharing options...
gds221 Posted September 22, 2020 Share Posted September 22, 2020 I believe that the most reliable and effective option is to adhere to one strategy in order to achieve the most positive result. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted October 3, 2020 Share Posted October 3, 2020 Usually I try to work with several strategies at once, because the market is dynamic and it will not work all the time to trade one strategy. Quote Link to comment Share on other sites More sharing options...
gds221 Posted October 4, 2020 Share Posted October 4, 2020 In general, choosing a strategy, as well as choosing a broker, is a very important issue for the trader. For example, I started working with broker Amarkets, and initially worked on a demo account to test the work of several strategies. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted October 5, 2020 Share Posted October 5, 2020 Choosing a strategy for work really plays an important role for the trader. It is worth understanding that profit depends on this. Quote Link to comment Share on other sites More sharing options...
Namu Posted October 6, 2020 Share Posted October 6, 2020 21 hours ago, Vaabum said: Choosing a strategy for work really plays an important role for the trader. It is worth understanding that profit depends on this. Of course all of that requires a good effort and plan to be able to master it and this must be properly considered and utilized as well as possible to be able to get big profits and get everything with FreshForex broker Quote Link to comment Share on other sites More sharing options...
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