good strategy for trading: EURAUD

[vladik]

hi,
good strategy for EURAUD pair
adapted for Dukascopy broker
Stop Loss : 35 pip
Take Profit : from 20 pip and more ( optimal 30 pip)
one position in day
return: 20% and more
look here: strategy

regards

[JohnsonG]

Nice tip mate, surely someone can use it and maybe end up making profit.
But of course everyone has their own strategies, and own ways of trading...

thanks,
regards

[Valenciangad]

I was thinking about an article I read some time ago that 90% of trader who ever trade lose their account and that 10% actually go bankrupt. If the first number doesn't scare you then the second definitely should.

[Somya Gabriel]

I was thinking about an article I read some time ago that 90% of trader who ever trade lose their account and that 10% actually go bankrupt. If the first number doesn't scare you then the second definitely should.

That is why trading in a disciplined manner is required. You need to eliminate your emotions and ego while trading. You should always try different things according to the market conditions.

[Maulinasnyder]

I recommend the following two books: "Quantitative Trading Strategies: Harnessing the Power of Quantitative Techniques to Create a Winning Trading Program", and "Quantitative Trading: How to Build Your Own Algorithmic Trading Business". the latter is a good introductory book showing starters what algo trading is and how to begin and what to prepare in order to be an independent quant trader, while the former explains what a good trading strategy is, how to test a trategy a trader has, etc.

[daniellefr]

That is why trading in a disciplined manner is required. You need to eliminate your emotions and ego while trading. You should always try different things according to the market conditions.

So true. There is no way you can survive with one equation, when you trade!

[inyonk]

great strategy


forex trading analysis

[Paul]

I use stop-loss order strategy quite often, no fails. I found some tactics here Stop-Loss Order Definition | Investing Answers
maybe it will help you too! I hope!

[Probafix]

Yes, forex trading can be very risky if proper money management is not done.

[brutus]

I totally agree with what you said Probafix for me I prefer a forex trading strategy where you are not in front of a computer all day waiting for trades to happen. It can be like watching paint dry. I also find that it is harder to keep your emotions in check when you do this. The most important thing when currency trading is to take the emotion out of it. Otherwise you won’t make any money trading. I prefer an end of day trading strategy as I place my trades at night and forget about it till next night at same time. A company I have found good for this is makemoneycurrencytrading dot co dot uk as I can usually place the trades based on their strategy in 15-30 mins. I work full time and have a family so I can’t spend all day at screen nor would I want to.