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I agree with you, there is no best strategy because it depends on each individual trading style. the best strategy that we use and we already know the character as well as to provide a consistent profit, whatever the strategyQuote:
Originally Posted by atjashim
Everybody should use stop lose because when market move other direction then you don't have big lose. But I think that if you have good strategy and your confident and you have big capital then you can make profit without set stop lose. Thanks for this question ..
I agree, my friend, because we are debutante to warn of the great adventure that perhaps Stnfh in the first but inevitably Stdharh in the other, try as much as possible the use of less risk, despite weak profit but weak profit is better than a loss, let alone if it was a big loss.
This is excellent strategy that must be followed.
good luck
I believe that It could be assume that Trading forex currency trading without the StopLoss is never the mortal way to trades the forex business. This is because it is riskes and it could drives any traders to have a big declines and if assertables a margin song !!
Trading strategies varry depending with the how long you can get along with the business of getting cash or how long you will get along with the business of earning .
i think most of the strategies a good, whether they are free or not, they give better profits but most of the traders execute trades against those strategies by not keeping the patient. that's why they fail.. best strategy in the trade is the first look at news and match them with forecast. From there we can infer the position opens the market to buy or sell. and always use a stop loss on every transaction to reduce losses if we are wrong to predict market direction.
Trader have to learn more and more before they start trading . Trader have to practice in demo trading . most of the trader do not practice in demo trading . New trader should not take more than 2% risk . Trader must have a proper money management .
but i think that most of the new trader is do not following all of that rules, most of the new trader is also spend more than 2% of the risk some of them is also using 100% of the risk when they have make the trading on the forexQuote:
Originally Posted by shahriar99
for me i have seen in competitions where number one has 4000% i really wonder how do they do it . thats insane and they are manual trading . Gosh . i barely make 100% on a good month yet they make so much . so what could be their secret . sad then never want to share. every trader has different trading strategies as well, as well as with me. I rely on several indicators of Bollinger bands and moving average indicators as well as assistance from the Fibonacci retracement. I think the placement of stop loss level will only reduce the margin, I would often cut loss, because we can still trade with the left margin.
Stop-loss should be used properly else it will become the purpose for reduction instead of reducing reduction. It should be placed just after assistance or Level of ability to resist secure your consideration if the cost smashes those collections. And i observed sometimes the quit reduction predators will force the cost synthetically beyon these collections so that also needs to be taken proper care while putting.