Hello everyone I am osagie by name and I just finished reading baby pips and would like to begin my journey In trading but I dont have a strategy could someone pls give me a strategy idea I could try out on demo with the plans specifically something simple I can follow that could yield good results overtime
Hi Osagie
I’m new to Babypips too, but not new to trading.
Did you cover the Babypips lessons on how to find and create a simple mechanical starting-out system? Plenty of helpful points there.
The main aim, starting on demo, should be to get practice in, becoming familiar with a trading platform and broker’s conditions and practicalities. Not to make profits. Whatever system you first play about with won’t be the one you later make profits from.
My suggestion: start off with a trend-following strategy and don’t try anything faster than a four-hour timeframe until you’ve done plenty of demo trades with it and had plenty of practice.
Try to find something that’s straightforward, objective with a maximum of ONE indicator, something trend-based which identifies a pull-back and lets you set a buy-stop order above the pull-back but below recently seen prices, or the opposite (a sell-stop order below a rally but above recently seen prices).
Make sure you set a realistic stop loss just below recent support (long trade) or just above recent resistance (short trade).
Don’t use a “trailing” stop loss.
Concentrate on the important basics of a strategy, like position size and stop loss placement. Don’t make the mistake of getting involved with lots of indicators, imagining that those are what make for a good trading strategy!
Understand clearly that the actual trade entries are usually about the least important part of the plan.
Good luck! 
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At the very heart of trading, there are onlyy two strategies - buy because price has been rising or buy because price has been falling.
Following the trend (up or down) has a high win rate but usually undramatic gains: it offers the chance to add to the trade but demands that you stay in the position longer. Entry and exit timing are not critical and the chart analysis is straightforward, so this is a strategy that’s forgiving for beginners.
Trading trend reversals has a low win rate but can offer impressive returns in a short period. There is rarely a chance to add to the trade, entry and exit timing are critical, and the TA is tricky.
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Yes.
This one (click the green link in the top line in the box).
It has a really high win-rate if you understand it clearly and use it sensibly.
The member who started the thread, @MattyMoney , is still here and posts quite often, and if you have any questions after a careful read-through, I suggest you post them there and you may get a helpful reply.
Meanwhile, you already got lucky here, and have two great replies just above.
(Welcome, @Rochelle.Q also!).
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