FXOpen Broker

10+ years’
experience in FX

VISIT WEBSITE

Trading Accounts

ECN, STP,
Micro, Crypto

START TRADING

Try Free Demo

Practice Forex trading
risk free

OPEN DEMO ACCOUNT

PAMM Technology

Become a Master
or a Follower

JOIN PAMM SERVICE
Page 2 of 2 FirstFirst 12
Results 16 to 22 of 22

Thread: Is one strategy enough to make profits?

  1. #16
    Moderator cool user imbest's Avatar
    Join Date
    Mar 2012
    Location
    Pakistan
    Posts
    5,496
    FXO Shares
    0
    FXO Bonus
    0.845
    Thanks
    248
    Thanked 462 Times in 261 Posts

    Default

    If you have a price action strategy on daily time frame then it is enough for you. Just keep practicing on it and profits will start coming with the passage of time. We can always add another strategy for short term trading.

  2. #17
    Market Maker cool user
    Join Date
    Apr 2012
    Posts
    6,547
    FXO Shares
    0
    FXO Bonus
    0.410
    Thanks
    20
    Thanked 30 Times in 29 Posts

    Default

    Quote Originally Posted by imbest View Post
    If you have a price action strategy on daily time frame then it is enough for you. Just keep practicing on it and profits will start coming with the passage of time. We can always add another strategy for short term trading.
    many simple strategy that can be used in this trade, but sometimes we have to have a lot of knowledge in the trade before we use it and learn the strategy and focus strategy is also a very good choice in this trade

  3. #18
    Moderator cool user Resolve's Avatar
    Join Date
    Mar 2012
    Location
    India
    Posts
    31,135
    FXO Shares
    0
    FXO Bonus
    0.442
    Thanks
    5,902
    Thanked 2,427 Times in 1,416 Posts

    Default

    Quote Originally Posted by Gombal View Post
    many simple strategy that can be used in this trade, but sometimes we have to have a lot of knowledge in the trade before we use it and learn the strategy and focus strategy is also a very good choice in this trade
    A simple trading system is helpful for those trader who are new and do not understand many technical and thus want profits using simple trading strategy

  4. #19
    Bullish alalbd's Avatar
    Join Date
    Dec 2012
    Location
    BD,Dhaka
    Posts
    64
    FXO Shares
    0
    FXO Bonus
    1.290
    Thanks
    9
    Thanked 4 Times in 4 Posts

    Default

    A trader need some skills.good education level complete,emotion and greediness control ,be-self confident ,and hard working possibility .

  5. #20
    In Profit
    Join Date
    Jan 2013
    Posts
    146
    FXO Shares
    0
    FXO Bonus
    13.290
    Thanks
    1
    Thanked 5 Times in 5 Posts

    Default

    Quote Originally Posted by History101 View Post
    Forex market is an arena, where one has to fight if he wants survive. So in fighting we should be prepared with many gadgets in our arsenal to come out as winners.
    Now my question is that do you think that only one strategy is enough to make profit from forex over long term?
    If with the strategy we can make consistent profit from our trade then it's enough I think. If we are using too many strategy, it will only make us confused and it will not be effective. It doesn't matter how many strategy that we use, it will only enough if we can make consistent profit from our trade.

  6. #21
    Bullish
    Join Date
    Feb 2012
    Posts
    40
    FXO Shares
    0
    FXO Bonus
    0.230
    Thanks
    2
    Thanked 12 Times in 4 Posts

    Default

    You test your strategies on a demo account, perfect it and use it on live account. One strategy is enough as long as it makes profit at-least 60% to 70% of times. If alternate good strategies with good success rate is available what is the harm in using them as ling as it makes profit

  7. #22
    Bullish
    Join Date
    Mar 2013
    Posts
    67
    FXO Shares
    0
    FXO Bonus
    1.790
    Thanks
    0
    Thanked 1 Time in 1 Post

    Default

    I still newbe in forex. but some expert trader just using one strategy for their profit. for the sample just using scalping strategy only.

Page 2 of 2 FirstFirst 12

Bookmarks

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Disclaimer
2005-2019 © FXOpen All rights reserved. Various trademarks held by their respective owners.

Risk Warning: Trading on the Forex market involves substantial risks, including complete possible loss of funds and other losses and is not suitable for all members. Clients should make an independent judgment as to whether trading is appropriate for them in the light of their financial condition, investment experience, risk tolerance and other factors.

FXOpen Markets Limited, a company duly registered in Nevis under the company No. C 42235. FXOpen is a member of The Financial Commission.

FXOpen AU Pty Ltd., a company authorised and regulated by the Australian Securities & Investments Commission (ASIC). AFSL 412871ABN 61 143 678 719.

FXOpen Ltd. a company registered in England and Wales under company number 07273392 and is authorised and regulated by the Financial Conduct Authority (previously, the Financial Services Authority) under FCA firm reference number 579202.

FXOpen does not provide services for United States residents.

Join us