Good Trading Strategy.

[Alexander Hudson]

Many of us lack a good trading strategy that make us suffer ultimately. So, make your own strategy of trading based on what type of trading you prefer. Forex can be a great opportunity for your career building but don’t take it too simply.

 

[LouBega88]

Keep your mind out of other tensions while analyzing the market.Don’t be emotional even if you are in consistent loss.

 

[Bahiya Shinam]

Spend some time of your day in practicing because it is congenial for you and thus make the best use of your demo account.

 

[Eduardo Lucchese]

Work on your strategy to increase its effectiveness by warding off its pitfalls. This practice is rare among traders.

 

[Oscar Shumack]

Traders should analyze the market on demo account and should judge them how accurately they can do the work.

 

[Dion]

Use a demo account to test out your trading strategy before executing it live.

 

[Windy_99]

A good trading strategy is based around a lot of strategic thinking.

 

[JimmyChoo]

i think for making money only bookish knowledge is not enough , practical knowledge is also important.

 

[BinarySumo]

When demo trading, you should test different trading strategies because it allows you to evaluate the effectiveness of different approaches and to identify those that may be most suitable for their goals and risk tolerance. Moreover, by testing different strategies, you can gain a better understanding of how different approaches may perform in different market conditions and can make more informed decisions about which strategies you should employ.

 

[Faal]

I always use stop loss because I always need a complete plan for a trade. I need to know where is for example the last low for a long trade to set stopp loss there because it will be the next resistance. Like you decide on which level you want to take profit you always should be clear about where your stopp loss has to be.

 

[SaadBinToha]

Everyday more than 4 trillion of dollars are traded in Forex, making it the largest market in the world.

 

[Eduardo Lucchese]

A good understanding of the market helps generate accurate signals. Fundamental viewpoints over the market is highly needed.

 

[Alexander Hudson]

Buying signals works as an obstacle to the way of learning. I always recommend traders not to go for buying signals rather to focus on market analysis.

 

[Mateox_28]

Beginners who have difficulty creating their own trading strategies can opt for copy trading. With copy trading, you can copy the trades of expert traders and benefit from their experience.

 

[Eduardo Lucchese]

Personally, I prefer scalping the most and the broker ensures all scalping-genial trading facilities.