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  • How Many Trading Strategies Do You Need to Succeed?

    From dailypriceaction.com

    There are thousands of trading strategies available to the Forex trader. In fact, when you account for the infinite number of technical indicators available, the possibilities are limitless. It’s easy to think that the more strategies you use, the more money you will make. However, I’ve found the opposite to be true. You don’t need to use twenty, ten or even five different trading strategies to achieve success. And if you try to learn that many at one time, you’re setting yourself up to struggle. So how many do you need? Moreover, how many should you learn at one time? The answer to both of those questions ... (full story)

one, your strategy/plan executed correctly.
Remember One thing.
There are several trading plan and stretigies. But no one is 100% profit maker.
Now what we can do for success.
Our profit ratio should be more than 50 % . (51%-99%)
if our stretigy is producing win result 51%, thats enough. But keep on learning and practicing on demo accounts. We can try different stretigies and ideas to make our results more than 51%. In this way can take ourselves from51% -99%.

Slow and steady always wins the race.
  •  Guest
  • | IP XXX.XXX.63.174
Truth be told we dont need any indicator to be successful in fx,because they only point to what has happened in the past.However if your trading strategy is base on fundamental and technical analyses you are well on your way.BELIEVE ME.
NO SHIT SHERLOCK.
Quoting Guest
Truth be told we dont need any indicator to be successful in fx,because they only point to what has happened in the past.However if your trading strategy is base on fundamental and technical analyses you are well on your way.BELIEVE ME.
Agree ;-)
Dear Niasir,
Sorry i can not under stand your comment. Can you please explain it in simple words.
Quoting nasir.khan
NO SHIT SHERLOCK.
Pretty accurate.
Invest in alarm clocks
There is only one guaranteed strategy...

"Buy low and sell high"

Can anyone write me an EA based on the above criteria?

I have the pseudo code..

IF (Price ==Low){
Buy();
}

Just need someone to fill in the missing bits.
Quoting digit1288
There is only one guaranteed strategy... "Buy low and sell high" Can anyone write me an EA based on the above criteria? I have the pseudo code.. IF (Price ==Low){ Buy(); } Just need someone to fill in the missing bits.
You made my day.
Quoting digit1288
There is only one guaranteed strategy... "Buy low and sell high" Can anyone write me an EA based on the above criteria? I have the pseudo code.. IF (Price ==Low){ Buy(); } Just need someone to fill in the missing bits.
I'll help.

Merlin coded this long time ago...

Here

https://www.forexfactory.com/showthread.php?t=405
Beware of robber banks (RB), bad advisors.
Well I use two strategies. One uses Pivots which helps me determine market's turning point/reversals. The other I use for breakout trading. Those are the two strategies that works well for me. I'm comfortable using them so maybe I should just stick with using them.
Patience and Discipline, these are the Holy Grail.
  •  Guest
  • | IP XXX.XX.70.204
Check price action and volume always if you want profit.
Buying low in an uptrend and selling high in a downtrend is the way.A simple example of buying low is to buy the bearish trendline breakout when price is above the 200 EMA.
2.
1 for going up and 1 for going down
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  •  Guest
  • | IP XX.XXX.95.161
Join FF
  • Story Stats
  • Posted: Nov 19, 2017 12:10am
  • Submitted by:
     dailypa
    Category: Educational News
    Comments: 14  /  Views: 7,019