braforex81
Newbie
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- trend following
- breakout strategies
- scalping strategies
- mean reversion strategies.
- each grid strategies
- fundamental strategies
- arbitrage strategies
Great, I think we should follow the market trend and have a good strategy to make good progress in Forex trading.
- trend following
- breakout strategies
- scalping strategies
- mean reversion strategies.
- each grid strategies
- fundamental strategies
- arbitrage strategies
Scalping is my go to too. And yeah though it took time to be where i am, as a beginner when i tried scalping i wasn't getting any good results, so i stuck to swing trading only to be on the safer side. Its was eventually with experience and practice that i could start scalping again and be profitable at the same time. In a nutshell, see what strategy works for you, dont just follow the herd.so many Forex strategies we use in practically , i like from all scalping which bring profit very rapidly than all others but sometimes it causes a huge risk.
thank for your reply , i can make profit sometimes by scalping , okay everything . but this profit ratio is not consistent thats the main problem, and most of the time due to poor money management scalping fall us a great trouble.Scalping is my go to too. And yeah though it took time to be where i am, as a beginner when i tried scalping i wasn't getting any good results, so i stuck to swing trading only to be on the safer side. Its was eventually with experience and practice that i could start scalping again and be profitable at the same time. In a nutshell, see what strategy works for you, dont just follow the herd.
I use breakout and fundamental-based strategies because volatility is high and because we are at early stage of recovery which produces a lot of interesting data flow and central banks decisions.
- trend following
- breakout strategies
- scalping strategies
- mean reversion strategies.
- each grid strategies
- fundamental strategies
- arbitrage strategies
Study the most basic pattern to trade - trends. Understand what a good trend looks like in different time-frames, what indicators confirm the trend, what chart features help you gauge the suitability for trading of one trend against another, how to balance the pros and cons of trends with massive gains but deep pull-backs and smooth but undramatic trends, what are the most probable things price in a trend will do next, etc..I have a few strategies in mind, like the Pin bar strategy and Breakout trading strategy. Which is best suitable for a beginner, or is there any other suggestions?
Did you tested any of them on any demo account yet..! If not then at least give it a try to find out how they work.I have a few strategies in mind, like the Pin bar strategy and Breakout trading strategy. Which is best suitable for a beginner, or is there any other suggestions?