What is your strategy in making profits in Forex trading

[Activator230822]

As we all know that Forex trading is a wide aspect and definitely means for making money online, there are constantly risks that always comes with it which makes traders to make heavy losses while trading too.
However there are some strategies and policies that can be employed to minimise the risk of losses.
For instance the effective indicators ,charts and marketing trends of the Forex can be learnt from a special learning institutions. The knowledge gained from the school can produce the best results if implemented appropriately and traders Can actually get to the financial success with Forex trading.
However the folks that just venture into Forex trading without the appropriate knowledge are surely risking their resources and they likely doing gambling instead of trading.
There are people here who are doing well on the sector. I would like to know their strategies too so that each of us can benefit from the information being shared here.

 

[FXOchartist]

There is no perfect trading strategy for all market condition. In forex market analysis we can devide the types of trend, from sideways or flat, then uptrend and downtrend. The power of trend itself sometimes difference, it could strong and weak. The most profitable trading strategy based my opinion is follow the trend and looking best price to entering the market.

Eeach trader have own way to making profit from trading, and it will become debate discussion because each system trading has advantages and disadvantages.

 

[Ithedicious]

Forex is a whole lot of financial market entirely that will need a lot of your concentration if you are interested to make profit. But that is not withstanding if you are interested to make profit in forex then you have to learn and understand the basic , the root behind why market has to move in a specific direction and when you know all these things you can be able to create your own unique strategy that will help you to make market money in the forex market profitably without even losing much of your capital.

That doesn't mean that you may not lose , a lot of people who are trading the financial market will always lose at some point but they tried to maintain a certain degree that their losing is just a minute if you have to compare it with the number of times They are winning.

 

[Sotherefore]

There are so many strategies people are using to make money in the forex market , most importantly a lot of traders are now making use of indicators , and other complex technical indications which might indicate that the market may be moving up or down together with combination of RSI .

Even with all these things there are so many things you still have to practically learn about forex that will give you a upper hand in the market. You might understand how to apply these thing but some other things might be wrong which is among the cause of loses.
It is not only for you to know how to apply indicators only, other thing might be very important and at the same time difficult is entries .. So many traders are struggling with this and if you can't perfect your entries very well you may not likely be comfortable trading the market.

 

[Polyglot]

I tend to trade with an open mind and flexible trading approach. It allows me to survive the ever changing forex market.

 

[Jack Reacher]

Technical analysis is quite easier and handy than fundamental one. But a technical analyzer needs to earn efficiency in using technical tools. Otherwise, a technical analyzer can’t prosper in trading much. With Eurotrader broker, I have all technical tools with a reliable trading platform.

 

[Asahi]

EAs should not be applied on the real account without giving it a trail on demo account.Traders should make a cogent decision about EA trading. But if traders have a profession EA, then things are different for them. On the platform of Eurotrader broker, you can easily use an EA as they support EA trading.

 

[Asahi]

Moving average and fibonacchi traders with some point-centric ideas from where the market can bounce back. So, traders can make good amount of profit if they follow this indicator properly. With Eurotrader broker, I have all technical tools with a reliable trading platform. The broker hardly put any restrictions on using strategies.

 

[Dita Walczak]

Success in trading can be brought by lowering amount of losses and heightening the percentage of profit. Better strategy, flourished techniques help a trader in this regard. Demo account helps you much in this regard because you can practice on there with virtual cash. All the facilities of Eurotrader broker help a trader earn big.