Best strategy for a new person.

Start on the D1 time-frame. Look for steady consistent trends that are repeated across most of the same currency's major charts and follow them: enter as price resumes the trend after a pull-back. Always set a stop-loss just outside the pull-back. Don't use indicators for entries. Avoid the exotics.
 
Long-term strategies can be used with success by both beginners and professionals. In this case, the deal is opened for up to 2 months.
 
not again said:
Defend against or profit from unexpected volatility.
Trendlines and channels based on three points, projecting to the 4th touchpoint target.
Buy and hold long QQQ, the tech giants are protected by every Fed agency.
More...

Is not a good advise to buy QQQ at more than $300!!! To make 0.4%? When a penny stock can make 50-100%. Is like saying buy Coca-Cola or Apple. Those are for millionaires. And if I am a millionaire I can afford a broker. Bad advise.
 
Onra said:
Guys, don't pay any attention...

This is one of those new bots; generating an endless streams of forex posts,
blathering away, without any reference to methods or results.

Copying and pasting generic information from BabyPips,
without any substance, only to promote FXView and Amarkets...

The Mods are aware of this sudden increase of "forex newbies";
but it's very hard to take action...
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Did you notice their post count?
Did you read their prior posts?
Before making your accusation?
Just curious.
 
userque said:
Did you notice their post count?
Did you read their prior posts?
Before making your accusation?
Just curious.
More...
Did you...? :p

It's obvious.
Lots of new forex related threads; started and frequented by first posters.
And yes, I read them and it's becoming annoying.
They can react to each other, but they seldom reply to someone who's been here for years.
Did you see any reaction from the OP, after he started this thread?
They usually post in 2, 3 or 4 threads in succession, then disappear for a few days.

They never discuss methods, P&L or anything specific.
Even if they're from US or UK, there lingo often doesn't feel right.
After a few posts it always boils down to "broker recommendations"...
 
Onra said:
Did you...? :p

It's obvious.
Lots of new forex related threads; started and frequented by first posters.
And yes, I read them and it's becoming annoying.
They can react to each other, but they seldom reply to someone who's been here for years.
Did you see any reaction from the OP, after he started this thread?
They usually post in 2, 3 or 4 threads in succession, then disappear for a few days.

They never discuss methods, P&L or anything specific.
Even if they're from US or UK, there lingo often doesn't feel right.
After a few posts it always boils down to "broker recommendations"...
More...
I guess the bots are getting more sophisticated ... and are playing the long con.?

I've noticed the single post thread starters a while ago; you (some of us) can kinda sniff them out even only after the initial topic post. They ask 'weird' questions.

And like you mentioned, I won't get involved if they don't engage those that already took the bait and responded to them.

I just never believed them to be a bot; I assumed they were human trolls. I wouldn't bet on it either way now.
 
Chicagoorangina said:
Is not a good advise to buy QQQ at more than $300!!! To make 0.4%? When a penny stock can make 50-100%. Is like saying buy Coca-Cola or Apple. Those are for millionaires. And if I am a millionaire I can afford a broker. Bad advise.
More...

Are you sure you are going to make 50%- 100%,not lose 50%-100%?
His advise is in fact the best advise.But that is not trading, but investing.
 
OP asked a wrong question.
Because it is not possible for a new person to profit reliably .
It is like to ask what is the best method for a new chess player to get world chess champship.
Or how to become a NBA player after you learn playing basketball for a few months.
 
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