Best strategy for a new person.

Discussion in 'Forex' started by tedmos38, Feb 25, 2021.

  1. tedmos38

    tedmos38

    Scalping can be stressful but...you have to stay at the front of screen, gazing at each and every move. Also, it requires higher margin and leverage.
     
    #111     Apr 29, 2021
  2. geedy

    geedy

    I think news trading is an easy strategy for newbies who are intelligent enough to understand the impact. Also very easy to use economic calendars.
     
    #112     Apr 29, 2021
  3. easymon1

    easymon1

    Once Triggered, a Systematic Method paired with a Bracket Trading tool can relieve a trader of the constant babysitting function of trade management. Still need to keep your eyes on your fries, of course.
    Here's an example, ymmv.

    5 Minute Forex Scalping Strategy - (ymmv)
    https://elitetrader.com/et/threads/...-man-and-beast-right-here-baby.335635/page-17

    Bracket Orders - Could Your Trading Method use them?
    https://elitetrader.com/et/threads/bracket-orders-could-your-trading-method-use-them.349950/
     
    #113     Apr 29, 2021
    tedmos38 likes this.
  4. easymon1

    easymon1

    #114     Apr 29, 2021
    tedmos38 likes this.
  5. Really?According to me, for someone who's new, scalping is not an easy strategy.
     
    #115     Apr 30, 2021
  6. tedmos38

    tedmos38

    #116     Apr 30, 2021
  7. Thanag

    Thanag

    Despite the fact that even the easiest strategy can be taken, you should always remember that it needs to be tested.
     
    #117     Apr 30, 2021
    Riley.R and tedmos38 like this.
  8. easymon1

    easymon1

    belee dat.jpg
     
    Last edited: Apr 30, 2021
    #118     Apr 30, 2021
  9. the result from any strategy depends on trading plan and money management, otherwise any kind of approach can be useless.
     
    #119     May 2, 2021
  10. tedmos38

    tedmos38

    Yes that is true
     
    #120     May 11, 2021