Trading Strategies

[mikehall5226]

Hello, please i have been trading the free strategies at pro-tradingstrategies.com for some time now and i want to attend their course. Please has anybody learned from them before? Any response will be well appreciated thank you.

[ortan]

Because there's such a potential to generate huge amounts of profit, forex trading has become immensely popular.Of course if you have a good, solid trading strategy in place then there's an even greater chance of you becoming very successful. A good trading strategy also helps to keep risk at a minimum, irrespective of whether you're position trading, day trading, or swing trading. Even so, you'll still need plenty of self discipline in order to stick with the particular trading strategy you've chosen to use. Obviously those traders who have a keen market sense tend to adopt the best trading strategies out there, and they combine these with any inside information they may have.

[Sattvinder]

There are many advanategeous for using a forex robot instead of doing manual trading. The primary advanatge is that, you don’t have to sit infront of your computer watching trades all the time. Once set, the auto forex robot will take care of all your tradings. Probably the biggest benefit of using a forex robot is that, the robot is a computer program and will not be influenced by human emotions.

[fxPRtrader]

Originally Posted by Sattvinder

There are many advanategeous for using a forex robot instead of doing manual trading. The primary advanatge is that, you don’t have to sit infront of your computer watching trades all the time. Once set, the auto forex robot will take care of all your tradings. Probably the biggest benefit of using a forex robot is that, the robot is a computer program and will not be influenced by human emotions.

Yes but, you still have to enter the position size, or how many lots you will trade, so therefore you are still open to the pitfalls of emotional trading. Correct? Plus you still have to FOLLOW THE SYSTEM, meaning you can over-ride it. Most traders cant make a forex trading plan but they don't follow it, there in lies the problem.

[fxPRtrader]

How often do professional traders actually trade?

[PapiaKhatunAsha]

I mostly use a price action strategy on FreshForex broker since this is best for swing trading. In general, price action is good for swing traders because traders can identify the oscillations up and down and trade accordingly.

[dangtrader]

Trading strategies are specific plans or approaches that traders use to make trading decisions in the financial markets. They can be based on technical analysis, fundamental analysis, or a combination of both, and aim to identify favorable entry and exit points for trades. Effective trading strategies should be well-defined, backtested, and aligned with the trader's risk tolerance and trading style.