Best strategy for a new person.

[duanemoran]

You can choose the buy and hold strategy. You can take your time to understand the market that way.

 

[benten]

Price action strategy without indicators also works well for beginners.

 

[Raheel Shaikh]

Choosing the best forex strategy depends upon a number of factors. You first need to consider your trading style and choose a time frame according to it. If you lean towards becoming a scalper, you’ll have to rely more on lower time frames that are 1 min to 15 min while swing traders rely on medium time frames and position traders rely on longer time frames.
It should also depend on how often you want to open positions, what capital you’ll put in your trading account and what will be your risk limit.
Choosing a strategy is a personal choice and every trader should have their own strategy that suits their trading style.

Exactly! you cannot tell someone to trade a certain way
the personality the way of approach factors in and it varies from person to person

The best to find your way into the woods you can use a path that's followed by the majority and and then decide if you wish to continue or make your own
All comes down to personal experience.

 

[davidrichard]

If you genuinely want to understand the market, try not to keep yourself busy with opening and closing positions continuously. Rather concentrate on holding the positions for a few weeks to see the impact like Swing traders. You can also follow a semi automated strategy. It will introduce you to manual trading as well as using EAs.
When you’ll choose a strategy, use it on a demo account first.

 

[tomorton]

Good to also visualise what new traders typically believe about trading and then avoid doing what they do. Typically they will assume that trading must be done from reversal levels and intra-day. These beliefs drive them down familiar rabbit-holes which just lead to losses and eventually wipe-out.

 

[Abbas Ali Khan]

most of the time our best strategy works to fail , because there is nothing 100% in Forex trading , so never depend on your trading strategy for all time.

 

[florinavintage]

You won’t know which strategy is the best for you until you see what other strategies have got to offer. By reading about a strategy, you will only know the ideal conditions. But how they work for you actually can be found when you use them on your own. Start with long-term strategies and then, move to the short-term ones until you have found the best one for you.

 

[FahadMd]

beginners should choose the best strategy which is more appropriate to the concept of trading that will be used , if you love doing scalping should choose the broker which has lowest trading spreads.

 

[dorcaslugo]

That would be a difficult choice with so many strategies that seem to be profitable. Why not try all of them on a demo account and see which ones work. No need to stick to just one strategy. Always use a strategy when it fits a certain situation perfectly.

 

[roraistar]

The best strategy for trading forex is to create a trading plan. A plan should include the market you are going to trade, how much money you are going to risk, the signals you will look for before making a trade, and what to do if you make or lose money.