No trading strategy

[Butler]

It is true that you cannot make profits if you dont have good trading strategy. I would say that trading without strategy is equal to gambling – sometimes you will win, but mostly you will lose.

 

[The trader]

We can start Forex in a proper way, if we want to be a professional. pips School is the first choice of learning and besides this demo account must which is mainly considered the foremost place to acquire real basic knowledge which is very supportive to kick off a live account in a proper way.

 

[Lailsa]

That's true because there are a lot of beginners that think it is. They will mostly hear about how important it is to learn and have a strategy in forex so that he can make it high but it doesn't always work that way. As much as you may have a strategy it doesn't mean that you are going to gain a lot of profit. THe strategy may have even worked well for someone else but it does not mean that it will work the same way for you. People are different and so they have different trading results. It is all about you and how you do things, we cannot all trade the same no matter how hard we try. Sometimes it is just in the person or it isn't.

 

[Eduardo Lucchese]

Many traders find interest in EA trading but majority of them lack professionalism. However, if traders have a profession EA, then things are different for them.

 

[SaadBinToha]

Day traders are those who open and close their trades within a day. They are less risk averse and try to avoid news trading for the safety of their capital.

 

[Steler11]

Many new traders keep their losing trades open, hoping that the market will reverse and provide them an opportunity to exit at breakeven or with a small profit. In such a situation a trading strategy is important to be followed.

 

[colton]

In order to see visible results in trading, we need to keep learning and have a set of strategies to follow.

 

[The trader]

we traders actually have to choose in regulated ECN trading broker which guarantee their clients’ funds with a wide range of trading technologies. They always make sure best trading environment for their clients by providing exclusive trading facilities.

 

[Crapulent]

In order to find your ideal strategy, you need to backtest different strategies and see which one goes well. We all know that forex trading is complicated and it depends on a wide range of factors, so in every situation, we must employ new methods and strategies to maximise profits.

 

[Faal]

traders should avoid exotic trading pairs . because this trading pair has high trading spreads.

 

[Oscar Shumack]

Forex chart is flourished with numerous candlesticks. The sizes and shapes of a candlestick indicates some market forecast which a technical analyzer can catch well.

 

[Tom Latham]

micro is really good but beginners sometimes trade in there at random . this is really disgusting.

 

[SaadBinToha]

You need a guidance to go ahead in trading and a good strategy works as a guidance for you. I know majority of the traders don’t a good trading strategy.

 

[Aaron_0]

No trading strategy guarantees success in trading. Market conditions can change rapidly, affecting outcomes. Traders should diversify strategies, use risk management techniques, and adapt to market dynamics. Continuous learning, discipline, and emotional control are crucial in navigating the uncertainties of trading.

 

[Harvey]

No strategy guarantees instant wealth in forex trading. Unrealistic goals often lead to disappointment. Traders should focus on practical objectives, using well-structured plans and strategies. With discipline and consistency, reaching trading goals becomes more achievable, steady, and secure over time.

 

[helodear123]

Some of the new traders join this industry with a mindset of getting rich right after joining trading however they are the actual contributors of 90% losers as per the forex industry stats.