Best strategy for a new person.

[longandshort]

Newbies should spend at least a few months learning the basics of markets, economics, and how to “cover” pairs. I’d do that before making any live trades. Once you get the feel, have a nice dashboard of macro indicators, you can start to test them. E.g. economic performance differentials are picking up in Eurozone vs us, so long euro til end of month (when Eurozone exporters will convert their usd to euro). Etc.

 

[kroxobor]

Any reliable trading style that you would suggest to a new trader?

Carry trade maybe? It's hard to speculate manually in FX nowadays because algo make a lot of noise on low timeframes.

 

[tedmos38]

Carry trade maybe? It's hard to speculate manually in FX nowadays because algo make a lot of noise on low timeframes.

Carrying is fine, but then there is an extra free (swap).

 

[Crash101]

Guys, I think there is a great little trade. Its called the 123 Strategy. If you want to see what the 123 Strategy is, send me a message!!! Its an awesome little technique!!
Crash

 

[easymon1]

Guys, I think there is a great little trade. Its called the 123 Strategy. If you want to see what the 123 Strategy is, send me a message!!! Its an awesome little technique!!
Crash

Just post it up, Holmes.

 

[Crash101]

I am trying to get to know more traders, simply just posting it, wont do that will it? Message me and get in touch!!

 

[GrowleyMonster]

So you have 12 posts and you want noobs to PM you about your fantastic strategy that you won't post on open forum. I think I see where this is going.

 

[Crash101]

Growley Monster.. prehaps use your brain!!! Loose your scepticism... Try Google... it has the answers right... and it might surprise you.. look it up if you dont want to get to know me!! !

 

[Lokom]

The strategy must match your knowledge and strength.

 

[Crash101]

If you are new I would focus on looking at cycles and phases and clear areas of interest. Target these areas with a strategy that you associate with. It will be different for each trader. Look up 123 strategy and this really works for me.

All my best,