What is the best strategy to trade on forex?

There are many good strategies that you can use it but it is important that it fits you and help you earn more profit Often, these simple strategies are consistent with the beginners

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Originally Posted by lishader

There are many good strategies that you can use it but it is important that it fits you and help you earn more profit Often, these simple strategies are consistent with the beginners

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Yes you are right, its only complicated but not difficult. You need to practice hard in order to become a good trader. When you go through this period of hard working, then you can see the reward is great as well.

strategy varies from trader to trader as there are so many strategis performed in forex market.Easyest strategy is to follow the first trend of the market.That is you are to follow wheather the market is going to upward or downward.Understanding this simple thing you are to place buy or sell order and take profit immediately.In this strategy your idea may be wrong in some time.In that case you are to place order against your previous order that is hedging.

The strategy in forex market can not be common to all. Every strategy of every traders may be unique. All you need to get the basic ideas about the market and need a deep knowledge about the trend of the market. You should have done the fundamental and technical analysis of the market and look for a pair that suits your strategy. You have to make your own strategies for trading.

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Originally Posted by fxfokir

Good strategy is to trade foreign exchange strategy that is understood. This technique is very good for us as it is created, and we know very well about how to use forex trading.

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yes very indeeed . the trader should arrange theri own tecjnique and system trading... not just copied it from internet and try it to the real without test it firs on the demo account;. every trader just making a same mistakes over and over again... they usualy didint get the point is

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Originally Posted by donofforex

ye to app k mode or style par depend karta ha or kisi had tak app k account balance par bhi es ka depend ha kioun k app ko pata ha es baat ka k her kisi ka apna apna mode alag alag hota ha or woh apne hisab se trading kartaha esi liye main bhi apne hisab se trading karta houn or apne account balance or style ko dekh kar he scalping strategy use karta houn

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wah bhi keya baat ki hy ap ny mujyap ki baat bohat achi lage her 1 bandy ka kam karny ka apna 1 style hy her 1 ka apna treka hy jis sy wo profit kamaya hy mara b 1 apna style hy ...

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Originally Posted by yes

wah bhi keya baat ki hy ap ny mujyap ki baat bohat achi lage her 1 bandy ka kam karny ka apna 1 style hy her 1 ka apna treka hy jis sy wo profit kamaya hy mara b 1 apna style hy ...

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Bhai sabhi ke ek style mein ek experience hota hai, aap apne tarike se trading karte hai, to usmein bhi ek style hoga, aur apne style se trading karna chahiye, khud ka experience aur jayda badta hai, aur khud hi strategy banane ki koshish karna chahiye, agar kisi successful trader ki strategy hume milti bhi hai, to usko bhi follow karke khud ka bhi kuch na kuch banana chahiye.:)

To get a good strategy it should be you strategy , they might share a strategy with you but they will fail to tell you every thing , the basic rules known to each one but the trick hints are private. no more people know it.

I think best strategy to trade in the forex market is the long term trading strategy as it will provide you good amount of profit as well as you can trade with low risk so that your capital also saved. So just try to trade for the long term with low risk.

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Originally Posted by deep thought

What is the best strategy to trade on forex?

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Few strategies i like very much.. and there is a strategy named magic breakout strategy, i like it very much, because in it indicators, are leading indicators , you can google it to find about the strategy more...it is solid strategy..