What is the best strategy to trade on forex?

[awaccoo]

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.

The best strategy may be found only on one occasion only and it is attested by a profit, if the strategy was in use at other times not necessarily be appropriate, the most important thing to be learned what the best strategy but how traders can choose the right strategy in time

[miketega3]

i dont think there is a strategy that is best,The job of finding favourable trades goes to your trading system. then you need to demo trade it to understand how it work perfectly

[bindian]

Personally i don't like to use anyone else's strategy. It's because I believe that only the person who has created that strategy can use it to it's full extent even if he describes about it all. In other words i can say i am not satisfied with anyone else's strategy. So i am working hard to build up my own in which i can be profitable.
so use your own which u have built through demo accounts.o r your own experince

[purohit]

bahut saari strategy hai jis ke hisaab se aap trading kar sakte hai.
trading karne ka sabse badiya trarika hai ki ham hamesh trend ki disha main ki trade kare. jis se hame sirf fayda hi ho.

[hitesh]

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.

[puri]

bahut saari strategy hai jis ke hisaab se aap trading kar sakte hai.
trading karne ka sabse badiya trarika hai ki ham hamesh trend ki disha main ki trade kare. jis se hame sirf fayda hi ho.

[truegoa]

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

Too far away to think about strategy before we know excactly about many factor run the market. We need to learn about mind and money-risk management first before starting learn about strategy. But, like other peoples said, there are no universally (generally) best strategy, since every trader has best strategy for his/her own. I suggest u to build your own strategy by learn all basic things.

[zeshan]

their are the lot of strategy the traders use and earn the money like as the small volume profit and the small size the trades and the trades with the time and earn the money

[SWAPNA]

I think own strategy is best strategy . When you start your trading without any strategy and start learning and practice you can get some capacity to profit . This capacity is strategy . Everyone has a different strategy . But if anyone want to use other strategy he can but own create strategy is better .

[xomes]

yeah market is not in same condition all the time and this is the reason you will see differnt result at different times with same strategy so no strategy can be perfect so this is where you have to have many strategies that can work at different times but if you will use long term strategies then you will be in profit most of time.

Yes and our greedy can make us loss all of our balance in few minutes, hours or days. That's why we must have good money management to control our greedy. We must trade with consider about risk of losses that could happen. If we still can accept/tolerant the losses, so we aren't greedy but if we trade used too high lot size than usual and the risk that we toleranted is changed, it's sign of our greedy.