There's no universally "better" or "safer" strategy in Forex, it really depends on your goals and trading style. For beginners, strategies like trend-following or using support and resistance levels are often considered safer since they follow the market’s natural flow. Pair your strategy with tight risk management, and you’ll be in a better position to navigate the market.
Great insights! Starting with a simple, objective strategy is excellent advice. Trend-following builds discipline, while reversal trading tests patience. Keeping it straightforward, like moving averages, ensures clarity. Thanks for sharing!
I focus on trend-following with tight stop-losses and risk management (1-2% per trade). Testing strategies on demo and staying consistent leads to better long-term success.
You're right—no forex strategy is foolproof. Success depends on adapting to market conditions, managing risk, and continuous learning. Embrace losses as part of the process and focus on discipline and consistency to navigate this unpredictable market.
There is no best and fully safe strategy. However, it is possible to develop a strategy that minimizes risks and increases the probability of success in the long term, an important element of which is risk management, discipline and the right psychological state.