Best strategy for a new person.

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

  1. bublu

    bublu

    Yes in my opinion proper money and risk management are essentials for profitable trading.
     
    #341     Mar 16, 2023
  2. but this is really a challenging task to build a perfect money management , need a long time practice with good knowledge.
     
    #342     Mar 24, 2023
  3. at the moment i am doing scalping , even though its a risky approach , but sounds good till now.
     
    #343     Mar 24, 2023
  4. according to me any kind of trading strategy can be useless if there is no risk management.
     
    #344     Mar 27, 2023
  5. the purpose of money and risk management is all about same issue , its all about for avoiding unfortunate risk and losses.
     
    #345     Mar 27, 2023
  6. bublu

    bublu

    In order to check whether any strategy is workable or not we can test it on a demo account both back testing and forward testing.
     
    #346     Apr 1, 2023
  7. FahadMd

    FahadMd

    any kind of good trading strategy can be useless if there is no perfect money management , so traders should focus on that first of all.
     
    #347     Apr 9, 2023
  8. simple answer and really effective
     
    #348     Apr 9, 2023
  9. from couple of days i have been using scalping that brings profit in a short time , it sometimes create huge risk but overall profitable, no doubt
     
    #349     Apr 10, 2023
  10. which pair you have been using when time to scalp ? can you please elaborate
     
    #350     Apr 12, 2023