Make strategies before you start anything.

[Lyubov]

Profit and loss in forex is actually more a consequence from the what we do in trading. When trading we do seriously and truly it is likely to earn more profit than loss. In the forex where the trader is serious and smart in trading would be get a lot profit from the traders are trading poorly.

[kalponick]

This is the main problem of mine.. I really dont have any working strategy yet.. It will sound good if I say that I really dont have any strategy at all.. This is why I am still losing in forex.. Dont have any confidence that I can really face this market with my own money... you must need a strategy if you ever want to make constant profit from this market..

[ForexMarket]

I agree with you, before we want to do anything we should create a strategy. So we should practice on demo account to create a strategy, after that we can follow this strategy to trade on real account and make profit.

[syedraza]

Changes in strategy over and over again, I think this strategy works for us, I think should not be. Because it allows us to make a profit with them, try to go a long one or two profitable strategies.

---------- Post added at 12:08 PM ---------- Previous post was at 11:49 AM ----------

Forex, the world's second most difficult task, even without a strategy is unlikely. Strategy will be there to provide for your company as a range of protocols, there is a hard thing to do within the time and often the amount of money the size of a few trade, money, money management techniques, risk.

[sujarman]

in forex trading strategy is first step for making money and trading.
if we have a good and strong strategy then we can made good amount with trading.
in our trading strategy we also set stop loss also.

To achieve success in trading, you must be careful of your own emotions and use tools and strategies where they do not influence your decision. The world's most successful traders are more women, because women have good communication and they can control their emotions. There is no place for arrogant and haughty behavior or emotional instability in the placement market.

[ayusri]

For me it is very neccesery to make the strategies before we even start to trade..
Because without strategy,trading in forex is a gambling!!
I dont like gambling money in my trade,because i want to earn by my knowledge,not my luck!!

each of trading is that we make before we do our didalmnya order shall make a plan where we can plan for how we determine how we can gain up and ready to bear the loss and the extent to which we will exit and enter the market, because without careful planning will forex just throwing money into a place many people who lost thousands of dollars in wasted money forex simply because they do not make plans to mature and controlled in forex trading without a plan made ​​for the mature let us do this forex trading, forex trading is essentially a plan of a part of our plan that we can try to reach without a plan for us that we will not be able, if we are lucky berencan twenty point then we must follow him to obey because we make a twenty point actually is because it is in careful planning and well-calculated, if we are trading it mandatory for us to always make a trading plan in it.

[eddy]

each of trading strategies is needed and the strategy adopted varies considerably depending on market conditions, there is no perfect strategy but the strategy used to obtain large profits with minimal loss is a trader who knows the direction of the trend is going to happen with the basic understanding of technical analysis and fundamental

[sdpsanjeewa]

With out building a strategy you never able to be success in forex trade...The best thing is tiring to build up a your own strategy that works for you .....

[dharampal]

yes if you wanna earn profit whether is small or big you should make good strategies and earn profit very easily .people only fail in trading because of they dont have good strategies and only do trading by seeing chart pattern.

[Gecko]

My strategy each time before the trade is open .. re-calculate the margin, so that I can take maximum benefit from the capital, but also not eroded quickly .. So I watched the indicator and price action for a few minutes, maybe 30 or 60 .. then, if there is a signal, I open trade.