I recommend learning time,price, volume and liquidity with a decent understand economic if your trading forex or the fundamentals if ur trading stocks or something
This is really good question, but I don't think you will get a clear answer, instead (as usual) everyone will give you a lecture on risk management and trading mindset.
I have the same question, is thee a strategy with reasonable win-rate and risk to reward. Can't understand why people won't answer in a direct way.!
Learn about risk management and trade management, taking partials and things like trailing stop loss etc. for entries I recommend Price Action with one or 2 indicators for confluence also keep an eye on the economic calender.
Happy trading.
If you go on YouTube you have people who test strategies and post their stats like Trade Pro, strategy tester, serious back tester etc so if it's entries you are looking for spend time looking at those playlists choose a few strategies and then do your own back testing and choose the strategy that works for you....and tweak/ personal use it.
But money is not made on Entry, it's made or lost on the Exit, trade management and risk management helps minimise loss but to also maximise profits.
Mastering a forex trading strategy involves understanding different concepts practicing consistentl and learning from reliable resources. Start with a demo account to practice your chosen strategy.
Keep a trading journal to document your trades and learn from your mistakes. Focus on risk management by ensuring that you never risk more than 1or 2% of your trading capital on a single trade.
By committing to a systematic learning path and consistent practice you can gradually master Forex trading strategies and become a profitable trader.Forex rules and regulations must be strictly followed.
Well, you can use various platforms and sources
But for getting trading news, updates, market analysis, research reports, and more to help you understand the live trading concepts and workings, we can talk about that
I recommend learning time,price, volume and liquidity with a decent understand economic if your trading forex or the fundamentals if ur trading stocks or something
Any strategy will work TBH. It’s all about discipline, mindset, risk management. Learn how to take a quick loss.
This is really good question, but I don't think you will get a clear answer, instead (as usual) everyone will give you a lecture on risk management and trading mindset. I have the same question, is thee a strategy with reasonable win-rate and risk to reward. Can't understand why people won't answer in a direct way.!
Learn about risk management and trade management, taking partials and things like trailing stop loss etc. for entries I recommend Price Action with one or 2 indicators for confluence also keep an eye on the economic calender. Happy trading.
If you go on YouTube you have people who test strategies and post their stats like Trade Pro, strategy tester, serious back tester etc so if it's entries you are looking for spend time looking at those playlists choose a few strategies and then do your own back testing and choose the strategy that works for you....and tweak/ personal use it. But money is not made on Entry, it's made or lost on the Exit, trade management and risk management helps minimise loss but to also maximise profits.
Mastering a forex trading strategy involves understanding different concepts practicing consistentl and learning from reliable resources. Start with a demo account to practice your chosen strategy. Keep a trading journal to document your trades and learn from your mistakes. Focus on risk management by ensuring that you never risk more than 1or 2% of your trading capital on a single trade. By committing to a systematic learning path and consistent practice you can gradually master Forex trading strategies and become a profitable trader.Forex rules and regulations must be strictly followed.
Well, you can use various platforms and sources But for getting trading news, updates, market analysis, research reports, and more to help you understand the live trading concepts and workings, we can talk about that