What is the best strategy to trade on forex?

[rklover]

the best strategy is to trust your own system, flexible with TP, and do not greedy. because greedy trader will always ended up with mc

[monjurbr]

I have a forex account and would like to know that people think is the best startegy to employ in the current market conditions?

I think every professional traders have some individual strategy. I think every strategy is best if if they get any benefit by applying these. Maximum traders follow manual strategy. I think any robotic strategy is not perfect for professional traders.

[manmade45]

With time and experience in this Forex field ,we can make out the best strategy of our own or can point that out .Just here one thing we should remember and that is best strategies is not fixed because the market conditions are not same all the time ,we have to implement strategies according to the situation.

[zulfiqarrf]

the best strategy for me would be to keep the volume high and play short time observe the market first then go for it if your luck is in then you will earn huge amount of profit if not then you can lose huge too

[seahawks90]

To get the good profit in this field you must have some good strategy in this field , but to make some good strategy in this field you must have some good knowledge and experience , making strategy is not a easy thing , i always trade by seeing the news of this field and by using the indicator Resistance and support, I must say that doing fundamental analysis as well as technical analysis always remain good for the trader.

[Chow.ash]

it is good thinking.forex strategy can't be generalize for every peoples. Each trader will have a different way, you should find your own style. first you must know exactly what type of trader are you, scalper, day trader or swing trader? By knowing this basic criteria, soon you will want to try several strategy related to your personality, and finaly you will tweak that strategy to suit you even better.

[pbelim]

if you have more capital then you can make a good plan and can make some profit with that because if our investment high then return also high but if you have a less capital, then your aim should be to trade more carefully and aim at less profit and try to compound and make your capital of account bigger.

[subashbks]

i don't think there is anything like best strategy.. Because all forex traders are different and have different mentality. . There are many trading strategy over the internet and not all suites all people.. So in my opinion one has to develop his own strategy in depending upon his trading style in order to succeed

[ku_lock]

I do not have a strategy in my trade, only in every trade I analyze trends, and follow the trend that I think is going on. and when there is a great moment in my opinion, I would open a position. and to determine the amount of gain or loss that I got, I do not have a specific calculation, just look at the market condition only, so I do not have specific strategies in my trading.

[ajit rawat]

well forex is a good platform for earning a good amount so surely there will be some strategies for earning a profit ..well i also have a strategy and it works quite effective with me and that is to go for small pips profit as it is always sure of market to touch some point and there you can place your take profit..