Does forex strategies usually work>
Member Since May 19, 2020
438 posts
Dec 28, 2021 at 12:27
A strategy or system is just a term that summarizes your trading specifics. All your actions in the market should be deliberate and focused on your goals. You can call it what you want, a strategy or a system or a collection of rules, but it only works like that, only according to the plan.
@Marcellus8610
Member Since Oct 29, 2021
70 posts
Dec 31, 2021 at 05:03
Many forex strategies do work, and traders who find a strategy that suits their individual trading style and risk tolerance are likely to be successful in the forex market.
Jan 03, 2022 at 17:45
Big Part of your success is Your strategy choice....Trading for pips will allow you to trade longer-term successfully
Since You will allow the market to do the work and lower the risk on your capital.
This means using lower lot size and higher Pips target.
Instead of trading for 10-20 pips using 1standard lot its better to trade for 100-200pips using 0.10 standard lots
This is where using EAs and trading on the higher timeframes comes in.
Since You will allow the market to do the work and lower the risk on your capital.
This means using lower lot size and higher Pips target.
Instead of trading for 10-20 pips using 1standard lot its better to trade for 100-200pips using 0.10 standard lots
This is where using EAs and trading on the higher timeframes comes in.
Trade For Big Pips Monthly Weekly Daily
Member Since Jan 05, 2022
8 posts
Jan 05, 2022 at 09:59
yes every forex strategy works and that is why we are all rich,....not. Most (if not all) strategies that are taught online are just pretty ideas that fail in the real world. If they all worked then everyone would be Forex trader. The reality is that trading is very hard and people who find a good strategy guard it with their life.
Jan 07, 2022 at 18:30
Issues is not whether it works its matter of whether its dynamic enough to evade market makers as well as brokers....Some brokers may go to great length to make sure it doesn't especially if its significant amount of money...I meant even take down their whole system or freeze their own servers
Trade For Big Pips Monthly Weekly Daily
Jan 18, 2022 at 06:17
Forex strategies have a big role when it comes to your success in trading. A strategy is carefully selected or made by keeping different attributes in mind, such as, your goals, trading style, your lifestyle, the type of analysis you prefer or the tools you use. A strategy can’t be difficult and profitable at the same time. Therefore, you should give enough attention in creating a simple, easy to follow strategy which suits your trading style.
Member Since Apr 09, 2019
538 posts
Jan 18, 2022 at 12:50
Of course strategies work. That's like asking if business or war strategies work. Of course some do but not all. The hard part is finding the one that works for you as it's not a one size fits all.
If you can't spot the liquidity then you are the liquidity.
Jan 21, 2022 at 05:49
Forex strategies work only if the trader is able enough to execute them properly. No strategy can work by itself without the active contribution of a trader. Some traders even use a single strategy in multiple situations as they have a lot of experience with that strategy.
Member Since May 31, 2021
48 posts
Jan 21, 2022 at 08:26
Strategies consist of deep technical understanding and careful interpretation of price movements on charts. The one who able to get the right logic will able to make a way from any trend in the market.
Member Since Nov 20, 2021
19 posts
Jan 21, 2022 at 08:39
True with right set of skills and consistent practice anyone can make a way here.
Member Since Jan 07, 2022
9 posts
Jan 21, 2022 at 10:11
Most strategies taught online are BS. Only way to get a good strategy is to put the hard work in and make you own one up
Jan 22, 2022 at 18:04
It depends on which exactly trading strategy you are talking about. There are millions of different trading strategies and some of them work pretty well while others are just a trash. Anyway, it is necessary for a trader to have some trading strategy in order to have some trading plan. If you are going to trade occasionally without any though behind yur action, you are doomed to lose all of your money invested in trading.
The best strategies are made by the trader themselves. Surely, you can see lots of trading strategies even here, in this forum, but not all of them will suit you well just because of the fact that all of the people are different and trading styles are different as well. So, your trading strategy should be appropriate for your personality and trading style, your perception of the market and so on. Every trader should definetely work on their own trading strategy modifying it all the time and adjusting to the urrent market situation in order to make it better and more profittable.
The best strategies are made by the trader themselves. Surely, you can see lots of trading strategies even here, in this forum, but not all of them will suit you well just because of the fact that all of the people are different and trading styles are different as well. So, your trading strategy should be appropriate for your personality and trading style, your perception of the market and so on. Every trader should definetely work on their own trading strategy modifying it all the time and adjusting to the urrent market situation in order to make it better and more profittable.
Jan 27, 2022 at 05:14
If formulated by keeping all the factors in mind, strategies can do wonders for you. You cannot just copy a strategy. A strategy working for one trader might not work in the same way for you. You will either have to practice with that strategy for a long time or you will have to customise it according to your trading style.
Jan 28, 2022 at 14:08
On a demo account, I see that some strategies work, while others not. However, it seems to me that as soon as I shift to a real account, I will see more non-working strategies. I mean that psychology may kick in, worsening my performance. I hope I will be better prepared for this worrisome transition.
Jan 28, 2022 at 20:24
A strategy or system is just a term that summarizes your trading specifics. All your actions in the market should be deliberate and focused on your goals. You can call it what you want, a strategy or a system or a collection of rules, but it only works like that, only according to the plan.
Member Since Jun 19, 2021
49 posts
Jan 30, 2022 at 02:03
richardmarcus posted:
I am compartively new to trading and have many times came accross term like trading strategies can anyone explain me this it is just a myth or they work for real.?
Thanks in advance
I use a strategy called RSAi Blueprint Strategy.. it has helped me turn $3,000 2 years ago into $364,000 today.
*I kill pips for fun.*
Member Since Jul 23, 2020
869 posts
Mar 04, 2022 at 08:31
If your strategies are all technical tools, I can’t assure you of that because market never follows technical trends rather it follows fundamental trend. That’s why I suggest users to run fundamental analysis. The reason is it actually helps catch the actual market trend. The technical analysis should be accompanied by the fundamental analysis.
Member Since Jul 23, 2020
869 posts
Mar 05, 2022 at 07:18
Not all Forex strategies work well because maximum Forex strategies are technical tool based. When market shows its back side, all the strategies fall except some. So, without solely relying in a particular strategy, one should run fundamental analysis too to check whether the signal the strategy is giving is right or wrong.
Member Since Feb 16, 2022
119 posts
Mar 06, 2022 at 06:29
How will a strategy work well if it is not an efficient one? Experienced traders develop a strategy based on their experience and after making that strategy; they run some tests to prove that strategy. I like to trade using a moving average strategy because I found good result with it.
