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    Thread: Is there a simple strategy I can follow? (2)

    1. #111
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      Default Is there a simple strategy I can follow

      Making own strategy is a good sign for a trader. If you want to build your career with forex trading business then you need to learn so many things like, proper money management, keeping trading journal, collect business information from various web portal, need to do market analysis, better understanding of market movement and so many things. If you able to got all of this then you will be able to fixed your trading strategy and that only will help you to become a good trader. But following some others strategy will give you profit but not for long time. so please try to learn first about this trading.

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      Well every strategy has their own advantages and disadvantages what is most important is our ability as traders to be able to follow them well to achieve better results, forex trading is one business that if we focus on the gains alone we might not be able to achieve anything in the market.

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      Yes there are million of strategy that you follow, you just have to fine one that is suitable for you. I believe that no matter the strategy you are using, you must first demo trade it for some period of months to ascertain it profitability at all time before trading live

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      there are many simple strategies that you can learn from this forum however i personally suggest you to use moving average indicator along with rsi which is quite simple to use but a powerful system of trading safely in this risky market.

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