best strategy for what?
if in terms of personal trading strategy, the best is the one the you are familiar, comfortable with & the one you have extensively researched & put into real/ demo practice.
if you use a strategy you are not familiar with, or have not studied enough, then failure is almost always unavoidable.
I will try to fight back if i loss that amount and try to find a good way to recover that but yes i will concentrate with the trading investment amount first and find out what mistakes i have done in the market.Positive attitude can make us success to achieve that.
The first thing you should have learned from your mistakes and not repeat the previous, and you have to trade 5% to 8% of the account does not enter the size of a large, and most importantly the respect of capital management is the discipline and stay away from greed .
merey bahi app ko ab apney 500$ ko buhat he sambhal kar chalna hoga 0.05 ki lot app kay account k leye set hoge meray kheyal main after making your account double you can change it. in my opinion you play safe and only aim 10% profit of your equity in month slowly you can make it big. i think choice of pair is also very important for you. eur/usd & gbp/usd is good one.Quote:
Originally Posted by mayengbam
When i have large capital then i will never used to trade until i got strategy that are making consistent profits as we already know that market changes with time.
first u have to catch very long term trade for few days and when ur account balance going to 1000$+ then u will risk more and do the high level scalping with 10 volume at a time with proper position and u must have to sure about not to loss any trade so u have to concentrate for the position and movement ..so u can easily make 100$ per day form just 1000$
sir sab se pehli baat to ye ke me itni baari position hi nahi open karunga jis ki wajah se mujhe 1000$ loss ho jaye 2nd baat agar aesa ho be jata hai to me koi be strategy ko use nahi karunga balke apne zehan ke mutabik trade kar ke usko recover karunga.
first of all i pray to god that he dont show me the situation when i lost a big amount of my capital and i think if i do then i will suddenly look into my trading style and will rethink of it.
If we suffer a loss then we do not quit forex trading and grab the knowledge and experience just as much as we can and in addition to know the money management and control our emotion. We have try not to repeat that mistake which in turn we does before and faced loss. Just seek to a right up until we realize success.
i don't know basically. if i lost 1000$ then i would have take suggestions from very experienced people to cope up with the situation and recover from the position. since i never lost 1000$ so i don't know what kind of strategy i will use.