What is the best strategy to trade on forex?

[aalul]

there are many strategy for forex trading but i always use simple strategy but when i make loss that time i change my trading style and follow other strategy

I saw it teory scalping strategy is a strategy that most quickly profitable, the trader scalper can make a profit over and over again in a short time and could exceed that in doing trading with many days, but the implementation is very high risk

[shimulislam]

there are many strategy for forex trading but i always use simple strategy but when i make loss that time i change my trading style and follow other strategy

[irfan]

For me the best strategy to trade in forex is to trade with small lots and don't open many trades at a time but your maximum opened trades should be 2-3 and don't trade against the trend. If your positions are in loss then just wait.

[gandhi]

yea right, I think the best strategy is made ​​by you so that you understand the pros and cons so that you can trade well..

good luck

---------- Post added at 06:19 PM ---------- Previous post was at 06:18 PM ----------

yea right, I think the best strategy is made ​​by you so that you understand the pros and cons so that you can trade well.

good luck

[toptrader]

I think the best strategy to trade on forex is understand in forex market condition and proper money management. become a successful trader and earn good profit in forex your need to follow this strategy. we can get it proper demo account trading.

[amin0x]

you know..there is lot of successful strategys ...but the problem is to stick with one ..using trends or pivots or news or indicators is all work and give good result but the problem is in the trader him self ,,,,,,:s

[goldenmember]

There is no best strategy to use. One strategy may be good for one person, whereas another may be good for someone else. For my part I have been having a tough time with RSI trading because recently it has been losing a lot!

[hidayat]

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.

very true, I just wanted to add a bit of the trading strategy that uses both relative and follow the conditions as you disclose. eg if you trade the long term, better use of stop loss and take profit

[parlin]

I think a good strategy to gain profit in forex system is the incorporation of technical and fundamental analysis as well as a good money management so there must be a mathematical calculation when we would incur a loss. especially new traders should learn more about money management

[sweetrevenge88]

I have seen many simple technical indicators in my chart and each of them has good characteristics,developing a good strategy out of them is nice. Actually in forex,you don't need hard and complicated strategy. For me the simple the strategy is the most effective it is.