Best strategy for a new person.

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

  1. The strategy that every newbie needs to follow always trades with proper understanding, study the market trends daily, analyze them, and practice more and more on the demo account.
     
    #291     Nov 9, 2022
  2. the result of trading from any kind strategies can be useless if there is no regular level of practice including money management.
     
    #292     Nov 14, 2022
  3. right now i am busy with scalping that brings profit in a short time, its really a risky approach but effective honestly
     
    #293     Nov 14, 2022
  4. FahadMd

    FahadMd

    which pair you are using when scalping ? i mostly use EUR/USD
     
    #294     Nov 15, 2022
  5. when you have perfect money management i think any kind of trading pair can be profitable by scalping that brings profit in a short time.
     
    #295     Nov 15, 2022
  6. make sure good trading spreads with lowest pair = the best result from scalping
     
    #296     Nov 15, 2022
  7. Beginners should understand market fluctuations are part of forex trading and they should find way to deal with it.
     
    #297     Nov 15, 2022
  8. kroxobor

    kroxobor

    Support/resistance trading around release of market moving reports like NFP yields good results also there are many momentum opportunities in trending market however doing it manually puts you at great disadvantage.
     
    #298     Nov 15, 2022
  9. according to me the best strategy is scalping which is risky but profitable if you can make sure the perfect money management.
     
    #299     Nov 16, 2022
  10. Kazos

    Kazos

    yes, even I started with scalping in initial days of my trading career.
     
    #300     Nov 16, 2022