What is the best strategy to trade forex?
Strategy counts 20% in your success its your state of mind that counts 80% in the Forex market.
Invest conservatively After developing a strong strategy ,traders often tempting to spend a large sum of Money per each trade . After all, with such high payments and in a short time so often one would want to put everything he has. Always remember that even the most advanced strategies might fail when even basic data disrupted due to unforeseen events.
Below are some strategies that are considered to be the best in 2014
- The Bladerunner Trade
- Daily Fibonacci Pivot Trade
- Bolly Band Bounce Trade
- Forex Dual Stochastic Trade
- Forex Overlapping Fibonacci Trade
- London Hammer Trade
- The Bladerunner Reversal
- The Pop ānā Stop Trade
- The Drop ānā Stop Trade
- Trading The Forex Fractal
The first and the foremost step to start trading is to attain full fledged knowledge of the field you are about to step in. Then only you will better understand how trading works and will be able to excel in it.