Best strategy for a new person.

[bublu]

Yes in my opinion proper money and risk management are essentials for profitable trading.

 

[Zafar Al Asad]

but this is really a challenging task to build a perfect money management , need a long time practice with good knowledge.

 

[Svetlana Loboda]

at the moment i am doing scalping , even though its a risky approach , but sounds good till now.

 

[Ahmed Solaiman]

according to me any kind of trading strategy can be useless if there is no risk management.

 

[Svetlana Loboda]

the purpose of money and risk management is all about same issue , its all about for avoiding unfortunate risk and losses.

 

[bublu]

according to me any kind of trading strategy can be useless if there is no risk management.

In order to check whether any strategy is workable or not we can test it on a demo account both back testing and forward testing.

 

[FahadMd]

any kind of good trading strategy can be useless if there is no perfect money management , so traders should focus on that first of all.

 

[Henry520]

simple answer and really effective

 

[JimmyChoo]

from couple of days i have been using scalping that brings profit in a short time , it sometimes create huge risk but overall profitable, no doubt

 

[Zafar Al Asad]

which pair you have been using when time to scalp ? can you please elaborate