What is the best strategy to trade on forex?

until now I still find a strategy that fits with me. I have several times tried several strategies, but still suffer loss. now just try a new strategy, but this strategy was just trying for three days only, so it is still not proven whether or not profit

Indeed there are lots of tips on the market on online, however, at first you need to understand which type of investors you are, temporary or alternatively extended expression trader, generally there are swing trading, day trading and scalping.

I think range trading based on support and resistance at lower and upper end of range, is widely known and working strategy, it being easier we can earn few times before range is breaken and even if range breaks we have stop loss ready to save us from big losses.

i think that best strategy in forex depends on different type and style of trading...so if i talk about myself..i am a scalper...so i always follow trends and market news and then trade...but most of the time, i will never risk more than 5% of my capital and also try to aim at less profit but a safer profit.....it is the trend following strategy and is working for me...

there is no fixed starategie that can work with all traders because of alot of things like how much money do you have and also your personality can you control your emotions and wait the all day and the most impotortant that you need to have confidence on yourself

system or the best strategy for a trader is not necessarily also be a good system or strategy as well for another trader. because it is influenced by the type and way of trading of each individual, mental or emotional factors and psychological well affect the outcome of such trading # but this does not rule out the possibility that we too can be successful by using the system or the best strategies of successful traders, that by obeying all the rules given in order to follow a system or strategy is suitable or equal to the way in which the trader is successful.

I think there are lot of strategy available in forex market. But all strategy are not suite to all trader. So you need to find out your suitable strategy. And you can easily find it on your demo account. Before using any strategy you can test it on demo account and if you thought you can make good profit with that strategy then you can use it on your real account.

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Originally Posted by mohameed

the best strategie brother it's money management ,, why i said that ? because even you have a good strategie and you do not apply the money management rules surely you will fail because at any time you can see unexpected movements in the markets and the price went against you so where is your successful strategie if you do not trade with money management rules ?!

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bahi aik baat to bateen hum money management banabte kuin hain kuin k hum ko paat hota ha ki losses hone ha or unko bear ekrna ha to main that money management k main concept yehe ha k make losses affrodable , ager koi trade aik acha method chahata ha to main yehe kahun ga k aik achi strategy eyehe k kabhi b jeldi wrong trade na lo bus

The best strategy is a strategy that fits with our character. if we follow the steps or strategies of others, it is also permissible and legitimate, but we have to know where in which if we can enjoy and prove beneficial to our trade. all the strategies has advantages and disadvantages, and we who have to improve.

i just do trade from my own anaylsies i use indicators for my trade throw trade i can judge about rate you should use pera bolic sar moving average stochistic oxilator or the main advice form me that control your greed .