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you cant be a successful trader if you does not use stop loss .you mention here law risk think if 1 of your trade goes other way do you wait it to come back ? some times it will take months to comeback. so definitely you don't stop trading during this time ,then few of your trades goes wrong way then how does it become law risk .this is not a good strategy The best strategy to use depends on the trading system of each trader and that is why each trader has to invent or discover his own best strategy and not depend on the best strategies of other Forex traders.
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A good strategy is a strategy that does not use a lot of complicated things and tend to be simple but it gives a lot of profit and consistent, because I'm sure every trader can not find that type of strategy like that. it's hard to say because this year this pair has gone flat. So I haven't really traded that pair but I would look for more breakouts for the 1h chart and over. so betetr follwo ti
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Day commerce is that the act of shopping for and mercantilism a money instrument inside a similar day or maybe multiple times over the course of each day. Taking advantage of tiny worth moves are often a remunerative game—if it's content properly. however it is often a dangerous game for newbies or anyone UN agency does not adhere to a well-thought-out strategy.
Not all brokers square measure suited to the high volume of trades created by day traders, however. however some brokers square measure designed with the day merchandiser in mind. you'll look at our list of the most effective brokers for day commerce to visualize that brokers best accommodate people who would really like to day trade.
Online brokers on our list, like Tradestation, TD Ameritrade, and Interactive Brokers, have skilled or advanced versions of their platforms that feature a period of time streaming quotes, advanced charting tools, and therefore the ability to enter and modify advanced orders in fast succession.
Below, we'll take a glance at some general day commerce principles and so progress to deciding once to shop for and sell, common day commerce methods, basic charts and patterns, and the way to limit losses.
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if that is the best strategy is the strategy there is no loss in it then it does not exist, all trading strategies no one is perfect, if we are looking for is certainly not there, we execute the trading strategy is good if we combine the measured directional trading system and Diman we planned where we can be lucky los to how we should determine both the number of stalls and how to gain everything that can be measured very well, not to trade without measure and without setting up can cause us to be running out of capital in our trading, how to is the best way of joint management systems and methods of such funds if we are looking to produce a good trading then this can be found and we can try to find it and we'll find it.
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Stop loss if very important, no matter how low our risk might be, but I agree that if we use very low risk or lot size to trade, we would be minimizing our risk and increasing our chance of making proift consistently in the forex trading business. I think the best strategy of forex trading is we have to take the less risks in the market.We can't say that trading without Stop Loss is low risk trading. There is a huge risk of loosing account.Don't be getting very emotional and taking lot of pressure at he time of doing trading.if we have good strategy and your confident and we have big capital then ywe can make profit without set stop lose.
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The best Strategy of Forex trading that you have hold your emotion and saw how to market move then you can using low risk without using stop loss is the awesome strategy.. I thank do not take high risk is best strategy in forex trading. Firstly you can take short step to get success. when you gather lot of knowledge then you can take high risk. I thank this way is the best strategy for forex trading.
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once the first time still trade at forex, I have the same understanding with you. but this is clearly also wrong, if without a stop loss no matter how much money will run out, because price movements can sometimes reach thousands of pips. A superb strategy can be a strategy that gives all of us your persistence of any larger revenue compared to reduction yet primary you must likewise believe a person match your strategy which often unless you agree could be tantamount to help injuring by yourself.
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once the first time still trade at forex, I have the same understanding with you. but this is clearly also wrong, if without a stop loss no matter how much money will run out, because price movements can sometimes reach thousands of pips. A superb strategy can be a strategy that gives all of us your persistence of any larger revenue compared to reduction yet primary you must likewise believe a person match your strategy which often unless you agree could be tantamount to help injuring by yourself.
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Benchmarking is an important way to improve operational efficiency, but it is not a tool for strategic decision making.Business bloggers at Harvard Business Review discuss a variety of business topics including managing people, innovation, leadership. You are fine. Use Slop lost is the most valuable strategy and low risk use of another. If there is one person in Forex can comply with this rule and apply it carefully. I really can say that they will obtain. Also a lot of money management that are available. It is necessary to follow all the rules for best play Forex. Study and practice in the demo can help to comply with the rules of Forex.
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You are all paw. Using Move worsen is most priceless strategy and use low probability is another. If any one Forex man can obey this rules and hold it carefully. I can strongly say that they faculty realise. Also a lot of money direction accessible. Penury to study all the rules for unsurpassable playacting Forex. Ruminate and implementation in demonstrate can ameliorate to obey the rules of Forex.