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  1. #1
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    Profitable strategies to earn in forex

    It is true that traders need a strategy to succeed or make a consistent profit in trading. The strategy gives a high probability of success in trading. I recommend traders should choose their strategy or make one according to their preference. It may not work as supposed to be if you adopt others’ strategies. Because every trader is different. Also, keeps in mind that chooses a broker which allow all kind of strategy.
    Last edited by MTW Admin; 04-06-2021 at 01:38 PM. Reason: Forcefully promoting Eurotrader broker.

  2. #2
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    It is very difficult to decide on a strategy that would be quite effective, therefore, for a start, I think it is a good option to use ready-made RAMM copy-trading strategies from Amarkets.

  3. #3
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    There are many different ways to trade. I believe that with any strategy you use the most important thing is that you stick to the plan and evaluate your profitability from time to time. Everyone should choose a strategy that suits their personality, lifestyle and financial goals.

  4. #4
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    Strategies really play an important role in this industry. It is worth realizing that the right choice of strategy can really decide the future.

  5. #5
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    Quote Originally Posted by banake View Post
    Strategies really play an important role in this industry. It is worth realizing that the right choice of strategy can really decide the future.
    We need to use such kind of trading strategy that is reliable and will let us make profits from the forex markets in every situation.

  6. #6
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    The newcomers always try to earn money quickly. It is quite impossible in forex. The newcomers should know the rules of forex market first. They should learn the basics of forex trading. To know the basic knowledge of forex practically they can create a demo account in TP Global FX. It will help them to trade in forex with lower spreads starts from 0.01 pips. It also give them high leverage which is 1:500 maximum. It can also be with them like a shadow in their forex trading. The trading system is very easy. For me, it is the best option to know about forex for the newcomers.

  7. #7
    in general, you can find a lot of such strategies, just look in which version you understand best and start from this already

  8. #8
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    Quote Originally Posted by Ungierahar View Post
    in general, you can find a lot of such strategies, just look in which version you understand best and start from this already
    When we are doing our Forex trading we have to understand that if we are making use of the right trading strategies for success we can get more profits.
    Last edited by FXOpen Trader; 02-20-2021 at 04:46 PM.

  9. #9
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    In general, now there is such a large quantity of strategies for work that the choice in this regard is quite wide. Moreover, there is a demo mode to check the operation of a particular strategy.

  10. #10
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    I work with a broker from ExpertOption, and usually test strategies on this company's demo account. As for me, this is a great option for work.

  11. #11
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    Now there are a very large number of strategies for choosing, but it is also worth understanding that many of them will make a profit only in case of a certain situation in the market.

  12. #12
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    The main thing is to first check this strategy in general on the demo account. For without experience, it is risky to immediately put a strategy into work, you can lose money.

  13. #13
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    Quote Originally Posted by dayzzz View Post
    The main thing is to first check this strategy in general on the demo account. For without experience, it is risky to immediately put a strategy into work, you can lose money.
    When we are doing our trading with the help of a a tested market strategy then we would be able to make profits from our trading and also we can carry out our trading for a longer duration of time.

  14. #14
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    May 2020
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    You can't find profitable strategies just like that on the network, you yourself must understand that no one will share them just like that, try different options for yourself and choose the best one

  15. #15
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    Quote Originally Posted by Walkarie View Post
    You can't find profitable strategies just like that on the network, you yourself must understand that no one will share them just like that, try different options for yourself and choose the best one
    It is a known fact that traders should understand which trading strategy will work for them and how they are going to make income from their trades

  16. #16
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    I believe that it is very important for the trader to initially check the strategy before starting to work. As for me, this is the safest option for work.

  17. #17
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    I believe that choosing a profitable strategy for work is really important. For example, I am testing strategies on a demo broker account from Expertoption.
    Last edited by dayzzz; 03-05-2021 at 06:48 PM.

  18. #18
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    Aug 2017
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    You can earn money form the forex market if you have enough knowledge. A Reliable broker is very important for a trader. My broker Forex4you is a very reliable broker. They are one of the best brokers I have ever worked. I would easily suggest this broker if anyone looking for a reliable one.

  19. #19
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    In general, choosing a strategy for a trader is really a very important task. When I started working in this industry, I also tried to choose the most optimal strategy for work.

  20. #20
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    Everyone trades in the market for making profit. But it is not easy to make profit. Forex market is like a puzzle game. You have to make proper decision in proper time. It is quite difficult to take quick decision without the help of any broker. Making profit is mainly depend on the spreads and leverage and the ability of taking quick and appropriate decisions. I always trade with Tpglobalfx. Because they provide low spreads starting from 0.01 pips and give a dynamic leverage at maximum of 1:500. It helps me to ensure my profit easily.

  21. #21
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    It should be understood that it is not a strategy that makes money, but a trader. And only in the case of the correct approach to the work of the trader himself, there is a possibility of obtaining positive results of work in general.

  22. #22
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    As practice shows, the simpler the entry rules, the more statistically reliable the algorithm of actions is. This applies to both scalping forex trading strategies and long-term

  23. #23
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    Before deciding the fate of a strategy, how profitable it will be or not, you need to evaluate its advantages or disadvantages in the process of working with it. I usually do this on a demo broker account from Amarkets.

  24. #24
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    I believe that now the number of strategies has really increased significantly. In addition, the strategy can be both profitable and vice versa. It already depends a lot on the trader himself.

  25. #25
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    Before I start working with any strategy, I try to test it. I usually test on the demo account of the broker ExpertOption, and I consider this option quite adequate.

  26. #26
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    Quote Originally Posted by dayzzz View Post
    Before I start working with any strategy, I try to test it. I usually test on the demo account of the broker ExpertOption, and I consider this option quite adequate.
    If we will start using a Trading strategy that is Easy for us to understand then we can start getting more income from our trading business.

  27. #27
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    I think it's a very important step to test the strategy on the fly. For example, I usually do this on a demo account with an Amarkets broker, and I think this option is the most correct.

  28. #28
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    Quote Originally Posted by malopis View Post
    I think it's a very important step to test the strategy on the fly. For example, I usually do this on a demo account with an Amarkets broker, and I think this option is the most correct.
    When we are making use of a trading strategy we have to understand which type of strategy will start giving us more results.

  29. #29
    Yes, it’s very helpful for us to operate on demo account, as it’s not just about experience but we also get to learn so many things and correct common errors. If anyone truly wishes to succeed and perform at best of his ability then it all starts by learning, it’s also important to understand value of demo account. I am extremely fortunate, I have major help in shape of FreshForex broker, it’s through their demo account.

  30. #30
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    Usually, in order to understand whether a particular strategy will be profitable, I try to work with this strategy on the Amarkets broker's demo account. I have been working with this company for quite some time, and this option seems to me quite reliable.

  31. #31
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    To check the possibility of making money with a specific strategy, I usually try to check the work of this strategy on a demo account. For example, when I started working with a new strategy, I test this strategy on a demo account of the Amarkets broker.

  32. #32
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    Quote Originally Posted by malopis View Post
    To check the possibility of making money with a specific strategy, I usually try to check the work of this strategy on a demo account. For example, when I started working with a new strategy, I test this strategy on a demo account of the Amarkets broker.
    I am making use of the True ECN Forex Broker FXOpen for doing my trades. This broker offers me the ECN Trading technology which gives me the Lowest spreads in the Inter Bank markets.

  33. #33
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    to determine such strategies for yourself, you need to try different options at least on a demo, because there should be a notion of what to compare with, and how the trader himself is more comfortable to work

  34. #34
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    In order to understand how profitable your strategy will be and how well it is developed, first of all, you need to practice with it on a demo account for several months.

  35. #35
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    Quote Originally Posted by Raghaz View Post
    In order to understand how profitable your strategy will be and how well it is developed, first of all, you need to practice with it on a demo account for several months.
    We will need to use such type of a trading system that can start giving us a good income from our trading on a consistent basis.

  36. #36
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    to determine which strategies are working and which are not, try all the options, only you can understand which principle is worth working and which is not

  37. #37
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    Usually before I start working with any strategy, I work with such a strategy on a demo account. At least while he worked with a broker from ExpertOption, he acted in this way.

  38. #38
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    It should be understood that any strategy can be profitable, but at a certain moment. And in another situation, on the contrary, it will bring losses.

  39. #39
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    Profit can be gained with any strategy if used accurately with considering all rules and know-how to use that particular strategy. It also depends on the situation in which strategy is implemented to earn profit so be focused while using any strategy.

  40. #40
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    Quote Originally Posted by QueenSara View Post
    Profit can be gained with any strategy if used accurately with considering all rules and know-how to use that particular strategy. It also depends on the situation in which strategy is implemented to earn profit so be focused while using any strategy.
    We will be able to earn the profits from our trading if we will use a tested trading system for doing our trades in the forex markets.

  41. #41
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    profitable strategies come only with experience, this is the only way you can determine for yourself the best options for which it is worth working

  42. #42
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    It should be understood that any strategy can be profitable until a certain time. And you need to be prepared for the fact that you will need to use a different strategy to work.

  43. #43
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    Quote Originally Posted by malopis View Post
    It should be understood that any strategy can be profitable until a certain time. And you need to be prepared for the fact that you will need to use a different strategy to work.
    In doing our trades we will need to make use of such kind of a trading strategy that can be easily understood by us and also which will start giving us more profits.

  44. #44
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    each strategy that you try will have both pros and cons, so try different options in order to have an understanding of what to choose better

  45. #45
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    It is very important to develop a strategy that brings good results, gives him over its development, he needs to work hard and practice on a demo account

  46. #46
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    Before I begin to work with any strategy, I try to work with such a strategy on the demo account of the Amarkets broker. As for me, this is the most correct option.

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