Finding successful forex strategy

Discussion in 'General Forex Discussion' started by JIANG ZUOXIAN, May 25, 2017.

  1. Eric Owen

    Eric Owen Newbie

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    No strategy can last long. As for me, the strategy must be changed every six months. If not more often.
     
  2. Kevin Murdok

    Kevin Murdok Trader

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    Hm, So why actually 6? :)
    My opinion that it's changes depend on the fundamental movements and events.
     
  3. James Williams

    James Williams Newbie

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    Yes you are right. Finding a successful strategy is very difficult task. Actually it's a long process. You need knowledge and patience. To find a perfect strategy you have to follow trail and error method. Research, study and back test can help you to find the best strategy.
     
  4. milornld

    milornld Trader

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    According to me these are the top trading strategies:

    - Trend Trading Strategy
    - Fibonacci Trading Strategy
    - Scalping Trading Strategy
    - Candlestick Trading Strategy
     
  5. J_C_Anderson

    J_C_Anderson Trader

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    Another important point is the propper back testing, as it will save your time and money. As for me, it is one the most interesting things in trading, to define and idea and check it. The first step was to simply look and charts and find situations you are looking for, or to wait for such situations watching realtime data, but know I found out that back testing software is much better. Of course, it has to have a possibility to start testing from any specified period of time (the main feature).

    By the way, it is very important to read as much, as possible. Start with basic things, then move to certain details. While reading about the strategy that someone use you can find an interesting idea that can be applied to your own strategy. Try not to just study the strategy, but to define it`s main ideas and principles.
     
  6. epicresearch

    epicresearch Trader

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    Forex Strategy is Successful when profit will come. it depend on various factor like previous chart pattern, report technical or fundamental analysis of market up down.
     
  7. Ary Barroso

    Ary Barroso Active Trader

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    Actually, profit ratio is very much important calculation in this case. By the way, are you trading based on any specific trading strategy?
     

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