If you’re looking for a forex strategy, I don’t know of any. But it doesn’t seem like anyone is willing to break out and just share what they do.
What I want to do is give you a strategy that’s actually been used successfully by people who trade currency. Why does this work? I think it’s because of the fact that there are so many variables that go into currency trading.
Currency trading is just like trading stocks or other things, there’s a lot of moving parts. It’s not just one variable that you can change. Instead, there are so many variables that determine how successful you will be with your currency trading.
The best strategy for forex trading is to use one or two powerful trading systems that will work for you. By powerful, I mean one that has been tested and proven to be successful, but one that also is constantly refined and improved upon.
Forex strategies that are not tested or not perfected often fail. You want to avoid them like the plague. I’ve seen more strategies that simply don’t work out and that’s why I’m telling you about these tested forex strategies.
Currency trading is so vast and complicated that I don’t think it’s possible to cover everything in this short article. I’ve discussed just a few more strategies here. There are a lot more out there, but the ones I’ve discussed here are proven successful.
Most of the time, the best forex strategies are something you learn by trial and error. You pick up a strategy and use it until you’re successful with it. Then you try it out on a free test account and notice that it works.
That’s exactly what happened to me when I first started trading currency as a currency trader. I wasn’t too sure if I was going to be able to make a living as a currency trader. And if I didn’t make a living, I didn’t know how much I would be in debt at the end of the day.
The biggest thing I learned is that I needed to learn how to focus on one currency trader. For me, I was very lucky to find a very successful forex trader in Robin Lewis. Because of him, I learned how to trade one currency without having to worry about anything else.
By putting that all together, you can start to build a good forex strategy. It’s hard to do, but if you put the right systems in place, you’ll get better over time.
So if you don’t have a strategy and your not sure what to do, look for one. But don’t settle for just any strategy.
Just keep improving it and try not to ever buy into a strategy that’s just a fad. Forex strategies don’t have to be expensive, nor do they have to be difficult to understand. They just need to be tested.