Methods not the problem

[Kevin Vogt]

Almost all methods give profit if you follow the method properly. Most traders take impulsive decision while opening a trade even when they method doesn't allow them to open the trade. So controlling emotions is very important.

 

[Oscar Shumack]

Yes. I agree with you. Methods are not the main problem. The main problem is making decisions at the right time on the right place.

 

[lioneld]

sometimes trading can be useless even though there is lots of practice and analysis ,
just be patience when trading and dont be emotional.

 

[Cooper Truebridge]

Yes, I support you, it is possible to make a profit with any method. However, there must be a proper connection with that method. In trading, people are profiting from different methods. But every trader has to control his emotions.

 

[Andrew McCalam]

We always advised by the senior traders and experts just for learning. but I think we the newcomers have to practice trading besides learning process. Demo account is more appropriate for them and as a learning Process newcomers can depend on Pips School.

 

[Alexander Hudson]

Yes. The most important thing in the forex market is knowledge and skills. The more you have skills the more you can make money from this market.

 

[Kazumu Fukunaga]

Systems/Methods do not lose money. It's the use of a system that lose money. Every system works in a specific situation. That's why patience is important. We have not wait until our system shows the trade. Follow the system. Don't make the system follow you.

 

[Chionao]

This is the right thing to do.
The most important thing you have to do is to understand the mechanism of this approach and practice as much as possible on a demo to evaluate its effectiveness.

 

[Dorirdredd]

Still, each strategy has certain features, so it's still worth focusing on the personal characteristics of the market participant and how effective it is for your work, taking into account the time frame, schedule, selected assets, etc...

 

[Oscar Shumack]

Trading in less volatile pair is good and free of risk but if you want to trade in highly volatile trading pair, you need a good trading broker.

 

[Alexander Hudson]

Yes, sometimes position trading scares traders, especially when a trader is new at trading. He will get used to it with time. Proper positioning of trades brings sufficient trading profit to traders.

 

[SaadBinToha]

Trading approach is important for every single trader.There are different approaches of trading like gambling, hedging, scalping, binary option, trading, long time trading, etc.

 

[Eduardo Lucchese]

Only demo trading won’t make you experienced so besides demo trading you have to trade on live accounts too.

 

[Aaron_0]

Following a method consistently can lead to profits, but many traders make impulsive decisions contrary to their strategy. Controlling emotions is crucial to adhere to your method and make rational trading choices, enhancing your chances of success and avoiding costly mistakes.

 

[helodear123]

Only demo trading won’t make you experienced so besides demo trading you have to trade on live accounts too.

Yet we get free virtual funds in a demo to loose nothing and earn knowledge from our mistakes.

 

[Ethan]

Almost all methods give profit if you follow the method properly. Most traders take impulsive decision while opening a trade even when they method doesn't allow them to open the trade. So controlling emotions is very important.

Nearly all trading methods can yield profits if followed correctly. However, many traders make impulsive decisions, ignoring their methods' rules. Controlling emotions is crucial to avoid such mistakes and ensure adherence to a well-defined strategy, which enhances the likelihood of achieving consistent trading success.

 

[Aaron_0]

Systems themselves don’t lose money; it's how they're used that determines outcomes. Each system performs well under specific conditions, so patience is crucial. Adhere to your system's rules and wait for it to signal trades, rather than trying to force the system to fit your preferences.

 

[Harvey]

Most trading methods can be profitable if followed with discipline. The real challenge lies in emotional control. Many traders let fear or greed override their strategy, leading to impulsive decisions. Sticking to your plan and managing emotions is key to long-term success in forex trading.