I think each trader will choose one strategy that suitable for their style, some trader like scalping and some another like day trading, all strategy might profitable but for overall forex trading is riskyI believe that many trading strategies are good and are profitable if they are used properly.
Forex trading is risky, just like every other business. Every successful trader learns to reduce the risk and ensure that the winning ratio is higher. Loss is inevitable.I think each trader will choose one strategy that suitable for their style, some trader like scalping and some another like day trading, all strategy might profitable but for overall forex trading is risky
Yes indeed this is risky business, might we often hear if 90% trader fail in forex, this should as early warning for beginner before imagine easy earning, most newbie having bad mindset if forex is easy way to earn but most of trader eventually get failForex trading is risky, just like every other business. Every successful trader learns to reduce the risk and ensure that the winning ratio is higher. Loss is inevitable.
Yes learn basic knowledge is first step for beginner, many source might we can learn from, babypips dot com is popular site to learn basic forex, and use demo accoun to trained and prepare skill trading with free from risk due only use virtual moneyBest strategies for beginners are that first learn forex basics from technical aspects and when we can learn basics then implement these in demo account because we can learn practically in demo account which help newbie for a good start.
I think still useful for broaden insight all about forex, but also need practice to finding suitable and profitable system trading, like as many people said if practice will make perfectReading article will never going to help any person, we have to implement all the ideas and views of strategy concept with our own mind then only we are going to learn well with forex.