Somrat4030
Member
Picking a forex strategy is one of the most important things you can do to help assure your profitability as a currency trader, so you will definitely want to choose a successful strategy.
You’ll also want to select a strategy that best suits your lifestyle and personality type — not everyone wants to watch trading screens all day or is suited for the stress of fast-paced or high-risk strategies.
What Are the Best Forex Trading Strategies?
All traders need to research about best forex strategy first, and then start. The best strategies are those that work, have always worked, and will continue to work in the foreseeable future. I will now list all these strategies and rate how beginner-friendly, time consuming, and risky each one is. Hopefully, you’ll be inspired by one or two and may even start making profits soon. Let’s see what these are:
1. Range Trading
2. Trend Trading
3. Position Trading
4. Day Trading
5. Forex Scalping
6. Swing Trading
7. Carry Trade
8. The 50 Pips a Day Strategy
You’ll also want to select a strategy that best suits your lifestyle and personality type — not everyone wants to watch trading screens all day or is suited for the stress of fast-paced or high-risk strategies.
What Are the Best Forex Trading Strategies?
All traders need to research about best forex strategy first, and then start. The best strategies are those that work, have always worked, and will continue to work in the foreseeable future. I will now list all these strategies and rate how beginner-friendly, time consuming, and risky each one is. Hopefully, you’ll be inspired by one or two and may even start making profits soon. Let’s see what these are:
1. Range Trading
2. Trend Trading
3. Position Trading
4. Day Trading
5. Forex Scalping
6. Swing Trading
7. Carry Trade
8. The 50 Pips a Day Strategy