what the best strategy ??? - Page 5

DiemTrader · #41 (**permalink**) 12-23-2008, 02:35 AM

I highly recommend reading the following book:

Amazon.com: Trade Your Way to Financial Freedom: Van K. Tharp: Books

It is all about creating a system that works for you. It also covers some common faliures of beginning traders.

gabbytrd · #42 (**permalink**) 01-13-2009, 08:44 PM

well, I was trying to learn from many sources, some good websites. Besides, I’ve been checking out how what I read is on the platforms and how useful is that on my trader behavior. Then, I confirmed I understood.

tradeinstant · #43 (**permalink**) 01-14-2009, 03:45 PM

I've been trading with something very interesting.
I was just wasting some of my free time posting in a forum when I read this guy talking about PA (Price Action). It was something very interesting!
So I studied and I start using it. I must say it has work really well for me.
Basically I just pay attention to what market makers are doing (fundamentals and important news) and then I use check trend behavior to set my target.
I think you should try it and see if it works for you.
Good Luck and Trade Well!!!

TWTrader · #44 (**permalink**) 01-14-2009, 07:13 PM

You may want to try this idea. Find an automated trading system that has a good live track record, then what you do is manually override it during news times and other events that usually cause these type of systems to fail. I have been doing this and it works great!

youdee · #45 (**permalink**) 01-28-2009, 04:32 PM

What about trade once a day but got big pips. Maybe some of you can share the best trend indicator? I really need it.

algedany · #46 (**permalink**) 08-17-2009, 09:03 PM

Is there a functioning system of FrameMaker minute or five minutes ??

prasxz · #47 (**permalink**) 08-18-2009, 12:34 AM

you can search using search tool in this forum

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Forex Indicators Collection

delca · #48 (**permalink**) 09-17-2009, 08:21 PM

Hi Traders

Hope that you realy serious to make profit on Forex market....for that's your strategy you have to keep educate yourself constantly with new foirex trading strategy...

Learning how to manage your money is the critical difference between who will win and who will lose in the business of forex market trading. If 100 forex traders begin trading by using a system with 60% of winning odds, only about 5 of those traders would see a profit by the end of the year. Despite those 60% winning odds, only 95% of those forex traders will lose because of poor money management skills. Many traders don’t realize that anyone entering any trading system must have great money management skills in order to succeed. After all, traders enter the forex system to make a profit, not to lose money.

Money management will stand for the amount of money you will put on a trade and the risks you are willing to accept for that trade. In order to diversify your forex trading strategies, it’s very important to understand the concept of managing money and also to understand the difference between managing money and trading decisions. There are a number of different strategies to use that will aspire to preserve your balance from any high risk liabilities....

Have a good trading day...

forexinvest · #49 (**permalink**) 09-19-2009, 04:06 PM

Quote:

Originally Posted by delca

Learning how to manage your money is the critical difference between who will win and who will lose in the business of forex market trading. If 100 forex traders begin trading by using a system with 60% of winning odds, only about 5 of those traders would see a profit by the end of the year. Despite those 60% winning odds, only 95% of those forex traders will lose because of poor money management skills. Many traders don’t realize that anyone entering any trading system must have great money management skills in order to succeed. After all, traders enter the forex system to make a profit, not to lose money.

Money management will stand for the amount of money you will put on a trade and the risks you are willing to accept for that trade. In order to diversify your forex trading strategies, it’s very important to understand the concept of managing money and also to understand the difference between managing money and trading decisions. There are a number of different strategies to use that will aspire to preserve your balance from any high risk liabilities....

Everybody does not have time and knowledge for forex trading. So “Managed Forex account” with reputed and experienced Forex broker/Manager is the one of the best strategy.

Forex Managed account = Investment because investor deposits money with Forex broker/Manager and he trades "investor's money" for profit and pays profit back to the investor. In other words investor’s money is managed by Forex broker/Manager.

Long-term Profitable forex traders are difficult to find because they are hidden from the world. Also managed forex account offered by profitable and experienced forex traders have high minimum investment such as $20,000 or $50,000 so few members are able to profit for it.

My friend's forex trading for managed account is past 9 years average profit paid is +33% p.a. (without compounded interest) with 30+ years of experience for forex trading. Registered company in Switzerland.

Maximum risk is 5% per new trade (conservative risk structure). Anybody interested email me.