Trading Strategies

[Michael]

Could anyone share a bit his/her trading strategies? any tips for a beginner you'd like to share with us..?

Thank you!

[marion]

the dominant principle

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there are a million principles, philosophies, and theories that guide us in our trading. after years of trading you gather a nifty sack of them. but have you ever thought about what is most important? tonight i was considering this....

my #1 guiding principle is to not lose money. ya know, the ole "it takes a 100% gain to come back from a 50% loss" maxim... yeah, thats the most dominat principle in my trading.

anyone else care to share?

[priya11]

The best strategy in Forex is be very different and learn how to be the best. Through my experience i can say that:

1. Learn concepts 1st. get familiar with the technical analysis, fundamental analysis, indicators and tools.

2. Make use of stop loss, limit orders and trailing stops.

3. Make sure of the entry and exit points.

4. Don't greed. Predetermine your targets and then follow them strictly.

5. NEVER repeat your mistakes. Learn lessons from your loss and try not to repeat them.

6. Never follow what people say, make your own strategy and use them cleverly in trades.

7. Choose a good broker who can help you to make smart trades

Actually trading is a smarter activity done my smart people. therefore be smart and make a unique strategy.