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For beginners, it is difficult to choose the best strategy. I think without the right knowledge about the forex market and experience, no one can get the best strategy. Even though I have been trading for 4 months, I haven't got the best. But I have not felt pressured because I know there is plenty of time to find out and when I will find out, successful trading is a matter of time. and there are many strategies. This strategy is different from the individual because an individual trader has unique needs and has a unique ability to trade. A trader must develop a forex trading strategy according to many factors such as initial investment, account size, trading ability, risk tolerance, goals and other benefits.
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I would not be surprised if I see many beginners getting MCs or losing money on forex even though they use the best strategies they can find. Because they don't have the best strategy. What makes the strategy the best is when you try to practice the strategy on a demo account and practice. And when you develop a sense of time, it's time for you to know that your strategy really works well. But if you only adopt a good strategy on your real account without training don't expect you to get the same results.
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Forex as already grow and is known every part of the world, but most people still did not known is existence, so i want to ask if Forex will grow more for every one in the world to no about it, because is a profitable business, and if one person in a house do it, and he/she get successful he/she will introduce it to the family and from their family introduce it to their friends, do you think that every one in the world will no Forex and join the market to trade too, or is only for some few people to know.
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Dear friends i just pick few strategies that you think is good for you then try to trade it in demo account. Practice and make sure that you are earning good amount of money. the longer you trade the more you earn the more you earn the more you going to make a good living. I know its hard to earn good amount of money in forex trading if you don't practice in demo. I do recommend that the best strategy is any strategy that we practice in demo.
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I think there is no best strategy in forex trading. The strategy must be self-made so that you can implement it perfectly and be able to trade according to the strategy. In addition, developing a strategy you can find the fros and cons of this strategy and can guess where to stop where to enter when to exit. If you fail with a strategy, you will be brave enough to pay attention and make other strategies.
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Support and resistance levels are also a key component of the forex market; a large number of traders out there emphasizes them on their charts and base their trading decisions on them. Therefore, it is advisable when you decide how to construct your trading system that you take them into account.
Fibonacci ratios are another forex tool that works extremely well in the forex market. Just pull up any chart and draw your Fibonacci Retracements levels from the start to the end of any big move in one direction or another. You will see how many times these levels act as strong support and resistance zones where price bounces back to resume the previous trend.
https://www.forexchief.com/?a=31d9
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aap thik kahte ki the main trade agr the best or the chaiia strategy for trading ap the main demo account ko is used kanra or zada sa zada the practice of the canra or koi becomes the best acha sa or strategy by us if it doesn't matter. demo hame baisc jankari deta hia ur hame kaise banaye to hame samjhata hai policy and strategy is very important to start trading. I mean money management is a good strategy for traders. We can minimize losses by using a money management system and can maximize profits.
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I think trading with the right money management is the best and this is for a longer time. The trading strategy must have high accuracy and at least 51% of the accuracy of victory is needed to generate profits in forex. If it is less than 51% then there is no benefit for you. and there is no strategy that can be described as the best :). Only a trader can do it for him. I would recommend to try indicators first and try leading strategies and be satisfied with the best for your temperament
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Dear friends i just pick few strategies that you think is good for you then try to trade it in demo account. Practice and make sure that you are earning good amount of money. the longer you trade the more you earn the more you earn the more you going to make a good living. I know its hard to earn good amount of money in forex trading if you don't practice in demo. I do recommend that the best strategy is any strategy that we practice in demo.
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eveyone have. different strategy,. there are two different in the forex trading truelly,.
for longterm market and shortterm,. shortterm or you call scalping,.
if you are passion in the scalping, you have to use short time frame,. but if you are longterm you have to use long timeframe