there are too many idea that come in our mind but we can not work on all time.
i want to know one thing how long time you work on one strategy idea.
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there are too many idea that come in our mind but we can not work on all time.
i want to know one thing how long time you work on one strategy idea.
in this whole world nothing is 100% perfect.but you can make it almost very accurate by practicing it and away your faults.if you are following a strategy then you should have to master it by practice,after some time you will see your strategy will be the best strategy
as long as I think my strategy working well and give me a satisfaction profit, I nevert thinking to stop using that strategy and change it with another new strategy. So there are no time limit for me to use one strategy untill I though that is not working well anymore and make me loss too much
there is no time limit. once i try an idea i'll device a strategy to carry that out and test it on the demo account. once i feel that the strategy is working i'll execute it on real trading. if i see that the strategy is not as successful as in the demo account i'll move on to another idea and another strategy. the time that i work on a particular strategy varies with each one. one may take longer and another a shorter time, but the requirement is that i should be satisfied that it works.
There are several strategies which will give more profit percentage and reduce loss and those strategies must be used for trading Forex for year these are never ending strategies..!Quote:
Originally Posted by dollar
In this post any Strategies means :__ A Strategy which is accompanied by Money and Risk Management ..!
size used should be not how long, but how effective these strategies. because any effective strategy would still be used by a trader. until now I still use the same strategy as the basis but little developed by adding a few indicators. I use MA crosses, nearly a year I have used it.
Maximum time my strategy's life time depends on market movement. When i realize that market movement are change which is not same way with my strategy then i have to change my strategy. Otherwise I change my strategy within 6 month.
as long as you want to be very careful of what you are doing, you just have to understand what the market is all about make sure that you know and understand what would happen when you trade and what you would do to avoid the best of a trade, but with a strategy , you can work with it as long as you want because it can give you money back
I work on a strategy for a period of like one month the result is what we convince me whether or not to continue using the trading strategy or not. For a starter in forex he needs a period of about 5 months to one year period of practicing before he can start trading on a live account and trading live account.
The best strategy for forex trading is keep patience,control your emotion,dont be rumor,trade by calculation and analysis of market and take the international news,that is very helpful.