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Need a strategy

  • #1
  • First Post: Sep 10, 2006 1:53pm Sep 10, 2006 1:53pm
Hi, I am a new trader I will start my first trading session on Monday please can anyone help me decide a strategy to work on is having an alert software enough or reliable and if it is tel what % can I rely on it. <?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o></o>

<o> </o>
  • #2
  • Sep 10, 2006 2:14pm Sep 10, 2006 2:14pm
Quoting omaresreb
Hi, I am a new trader I will start my first trading session on Monday please can anyone help me decide a strategy to work on is having an alert software enough or reliable and if it is tel what % can I rely on it.
If you're new, demo - demo - demo
Start here
http://www.forexfactory.com/forexfor...ead.php?t=2331

or here

http://www.forexfactory.com/forexfor...ead.php?t=7883
Good luck is something we don't wish anyone, luck doesn't come into it

Read lots of stuff on this site
Pick a method
Learn Money Management
Learn the Psychology of Trading
Peter
  • #3
  • Sep 10, 2006 2:28pm Sep 10, 2006 2:28pm
Quoting omaresreb
Hi, I am a new trader I will start my first trading session on Monday please can anyone help me decide a strategy to work on is having an alert software enough or reliable and if it is tel what % can I rely on it. <?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o></o>

<o></o>
Check out my thread...mouteki trading, you may like it...
  • #4
  • Sep 10, 2006 2:50pm Sep 10, 2006 2:50pm
Quoting omaresreb
Hi, I am a new trader I will start my first trading session on Monday please can anyone help me decide a strategy to work on is having an alert software enough or reliable and if it is tel what % can I rely on it. <o></o>

<o></o>
I agree with Peter. Demo until you can be a success before risking real money. As a new trader, you need to get rid of all those "problems" before you trade a real account: getting used to the software, being emotional in a trade, learning to win and lose, understanding what type of trader you are, etc.

Create your own strategy is better than looking for an alert software. As with any business, you need to design your own business (trading) plan.

Ask questions because this community will help you become a better trader.
  • #5
  • Sep 10, 2006 3:19pm Sep 10, 2006 3:19pm
Quoting C
Check out my thread...mouteki trading, you may like it...
I already sent him there in my reply
Peter
  • #6
  • Sep 11, 2006 12:47am Sep 11, 2006 12:47am
thanks guys you 've been a great help
  • #7
  • Last Post: Oct 22, 2006 4:33am Oct 22, 2006 4:33am
Fantastic systems on this forum. I have done very well using both!
"To Be A Successful Forex Trader, You Need A Successful Forex Mentor."
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