this is a very long time issue. so keep patience first of all.
Best Forex Strategy
- Thread starter JimmyChoo
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I don't know how to reply, your question could maybe be a little more precise?
There are so many trading strategies in the forex trading business, what the best one I think based on the suits of each trader because we have different psychology, maybe one trader suits to use scalping, but another is not, or the trader like to breakout trading, but another are not, many traders in FXOpen has own trading strategy.
If there was a simple answer to this, no trader would have been struggling to make profits. As different strategies work for different traders, all of us have to do our own part of research and practice until we find the right answer.
It’s obviously the one that gets you good results. Since there will always be some other strategy that works for some other trader, no strategy deserves the title of the best strategy overall. I started as a swing trader and now I use the scalping strategy.
according to me , any kind of trading strategy can be useless if there is no perfect money management.
A master at price action is Al Brooks. Watch one or two of his Youtube clips to see how he squeezes meaning from every candle.
But don't try to copy what he's doing until you have hundreds of successful price action trades behind you.
Until then, put up a simple chart and look at it from the other side of the room. If you can't see from 15 feet away what price is doing, move on to the next chart.
agree with you . good post with good information