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Do You Use Forex Trading Strategy?

October 5, 2009 (Last updated on April 4, 2021) by

According to many Forex guides, tutorials and manuals, the trading strategy is the backbone of the successful trading behavior. The most obvious reason to have a well-defined Forex strategy is to stop relying on bare luck and move from the Forex gambling to the actual Forex trading. With a strategy it’s much easier to analyze the trading performance, its rights and wrongs. It also becomes easier to keep a Forex trading journal if you use some system for entering and exiting the market. Unfortunately, it’s not very easy to follow a strategy, especially if it allows some losing periods. Some traders (including me) are prone to the constant changing of a strategy, which is not always upgrading it but often degrades the strategy. And how about you? Is it more simple to trade with a Forex strategy for you?

Do you have a Forex trading strategy?

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If you have some interesting comments regarding usage of the Forex trading strategies and their effect on the trading results, please, feel free to reply using the form below.

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