What is the best strategy to trade on forex?

I haven not been a expert trader at all.I have been seeking the best strategy.
Will anyone show me what is the best strategy?

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Originally Posted by ishvara

The best strategy is the strategy that we understand in forex exchange trading. These strategies are very good for us since we manufactured it and we know very well about how to use it to trade forex.

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Yes bro when we understand the forex market then whatever strategy we apply will work.But for understanding we need a pillar and that may be begin from learning in real market by mistakes.

as forex is the world largest financial market ,and many people work here .i believe that every man has a personal strategy ,because every person idea is different from other person ,such as i have a personal strategy that seems very easy to me ,it can not easy to others people ,may be they know better idea or strategy from mine .

i think it's first to know exactly what type of trader are you, scalper, day trader or swing trader? By knowing this basic criteria, soon you will want to try several strategy related to your personality, and finaly you will tweak that strategy to suit you even better.

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Originally Posted by dmambi

There are lot of strategies present on the internet for trading , but not all suits everybody. So one needs to develop his own strategy based on taking inputs from others. The own developed strategy being unique has greater edge on others, but needs lot of fine tuning based on experience.

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forex strategy can not generalize to each of the peoples. Each trader has a different way, you should find your own style. you must first know exactly what kind of trader are you, scalper, day trader or swing trader? Knowing this basic criteria, when you want to try several strategies related to your personality, and finally you'll adjust the strategy according to you better

everyone have their own stategy. You should find your favorite indicators and what style of trading you prefer before you can make a good stategy.

You should make your strategy yourself. Different trader has different strategies. First you must take a good plan of your trading condition. And what type trade you do? If you're a day trader, you need day based strategies and if you're a part-time trader, you need part-time based strategies.

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Originally Posted by Saif

You should make your strategy yourself. Different trader has different strategies. First you must take a good plan of your trading condition. And what type trade you do? If you're a day trader, you need day based strategies and if you're a part-time trader, you need part-time based strategies.

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The best possible trading strategy to help an individual trader in minimizing risk or limit the amount of loss is to always use a protective stop loss on each opened trade,and avoid over trading ,when daily targets are met ,it is advisable to exit the market,take a walk and concentrate on other things apart from forex

The best strategy in foreign exchange trading strategies, which we understand. These methods are very useful for us because we have created, and how we use it to refer to foreign trade is good.

u create ur own strategy using the indicators combination and also these strategies are very good for us since we manufactured it and we know very well about how to use it to trade forex so they are then the best