forex


0
Share via
1 share
forex

COIN KUDUĀ®

Advertise Here

Make šŸ’° on YouTube? (ends soon) Subscribe & learn how šŸ’ø

Traders have been in debate to what the best Forex trading strategies are for years. That debate is likely to continue for many more years to come. What most people that are new to Forex trading want to know is what is the best and how can we identify it as the best. I want to first of all consider what a trading strategy is then look at two different types and asses them both.

A Forex trading strategy or system is simply a set of rules a trader will use to enter, exit and adjust his trade. The strategy may consider fundamental analysis, technical analysis or a bit of both. The answer to which is the best cannot be determined by simply looking at the results of a strategy but by looking at the trader as well. Psychology is the single biggest issue traders’ face when carrying out a winning or losing trade. The ability to be able to stick to your own rules during a losing or winning trade can be challenging. It is for this reason many traders will turn to automated trading systems to beat the psychological issues they are faced with. Auto trading using EA’s has its benefits but it is a proven fact that markets are in fact random which means a strategy working today may not work tomorrow.

What about a mixture of both?

You could be the best analyst in the world and still be a terrible trader! How many times have you taken a trade with all your analysis in your head then exited early or not taken the trade at all. A common scenario is not taking the planned trade because you couldn’t commit then taking a random trade that wasn’t planned and losing. Sounds ridiculous when you read that scenario but it happens every day.

Imagine a system where you could use your own analysis to set up a trade then use a trading system to take over and carry out your settings so you didn’t have the Psychology to deal with. Surely this would be the best Forex trading system. The good news is these trading systems are about but not many people are giving them away. You could however have a program coded for you that takes trades based on your rules and eliminates the psychology. If you have a system that works on a manual basis but only works with certain market conditions then this could be the best Forex trading strategy.


Like it? Share with your friends!

0
Share via
1 share

What's Your Reaction?

cute cute
0
cute
damn damn
0
damn
adore adore
0
adore
scary scary
0
scary
vomit vomit
0
vomit
wtf wtf
0
wtf
cry cry
0
cry
laughcry laughcry
0
laughcry
confused confused
0
confused
fail fail
0
fail
fun fun
0
fun
geeky geeky
0
geeky
love love
0
love
lol lol
0
lol
omg omg
0
omg
win win
0
win
Try Spin to Win!
Kindly get back to your previous orientation view... your wheel is rolling there...
Spin to Win!

Congrats! Your coupon has been sent to you via email (claim your coupon in the next 24 hours before it expires)
COIN KUDUĀ® Coupons
Love saving money? Give it a spin!
#1 Enter your best email
#2 Click the button below to spin the wheel
#3 Claim your prize in the next 24 hours
reminder: if email is not in inbox, then check spam folder

Share via
close-link
Crypto Explained
Want to Learn More about Crypto? (we can help)
Bonus:Ā  The Entrepreneurs Guide to Succeeding in the New World of Cryptocurrency ($197 value for FREE but only while they last!)
Get Started
COIN KUDUĀ®
Influencer Marketing
Want to be an Influencer? (try Social Pilot for FREE)
Bonus:Ā  Skyrocket Your Income and Maximize Exposure by becoming an Influencer ($197 value for FREE but only while they last!)
Get Started
COIN KUDUĀ®
close-link
Top 10 Affiliate Programs
What are the Best Affiliate Programs? (here are the top 10)
Bonus:Ā  Learn the Most Commonly Used Terminology in the Multi-Million Dollar Affiliate Industry ($197 value for FREE but only while they last!)
Get Started
COIN KUDUĀ®
close-link
NFT Payday
Want to Learn More about NFTs? (we can help)
Bonus:Ā  Discover How to Start Making Money with In-Demand NFTS Quickly & Easily ($197 value for FREE but only while they last!)
Get Started
COIN KUDUĀ®
NFTs Explained
Want to Learn More about NFTs? (we can help)
Bonus:Ā  Learn Everything You Need to Know about NFTs & How You can Get Started Today ($197 value for FREE but only while they last!)
Get Started
COIN KUDUĀ®
Yield Farming
Want to Learn More about Yield Farming? (we can help)
Bonus:Ā  Learn Everything You Need to Know to Make Money in the Exciting World of Yield Farming ($197 value for FREE but only while they last!)
Get Started
COIN KUDUĀ®
Play-to-Earn Gaming
Want to Learn More about Play-to-Earn Gaming? (we can help)
Bonus:Ā  Discover how You can Quickly Earn Money Playing Fun & Easy Blockchain Games ($197 value for FREE but only while they last!)
Get Started
COIN KUDUĀ®
Blockchain for Business
Want to Learn More about Blockchain? (we can help)
Bonus:  Discover the Many Ways Your Business could Benefit from the Power of Blockchain ($197 value for FREE but only while they last!)
Get Started
COIN KUDUĀ®
DeFi Explained
Want to Learn More about DeFi? (we can help)
Bonus:  Discover the True Power of Defi & How it could Transform the Future of Your Business ($197 value for FREE but only while they last!)
Get Started
COIN KUDUĀ®
Love Shopping?
Shop Now
close-image
close-image
Congrats! Your coupon has been sent to you via email (claim your coupon in the next 24 hours before it expires)X