Anyone know a forex strategy that works?

2 Comments

1. flying_eagle - says:

   September 30, 2009 at 22:17

   Hi!

   I’m a professional trader in forex as well as stocks. I make a living out of it… The main strategy is to follow the long term trend. That is the simplest strategy to follow. If that trend starts going against you – take profits or limit your losses. Simple. The hard thing is to overcome your emotions of excitement to take profits too early or emotion of greed of loss when you want to cut your loss.

   Some other people may reel off a whole list of strategies here but I’m a true believer in Keeping it Simple. Trade with a plan, an exit plan that takes into consideration your risk management.

   Start with the basic MA’s and MACD’s etc… if you can’t make a profit using a very simple system I don’t see why a complicated system would make you any money.

   Good Luck!
2. honeybaobao - says:

   September 30, 2009 at 22:17

   Hi I’m a professional trader in the forex, you ask a strategy who’s working huh sorry if I give you my strategy maybe she’s not working for you, because the best strategy on every stock markets is good money management, good psychology. If you want I can help you a little, because I’m coach and mentor too in stock markets and stock trading. Bust use 2 indicator because you don’t have the volume in the forex