Forex Software — What is the best way and strategies to making money with Forex?

Re: What is the best way and strategies to making money with Forex?

null@example.com (Blaiserboy) — Fri, 04 Dec 2015 19:28:33 +0000

Wow. How appropriate is that verse!!

Thanks for that.

daveM

Re: What is the best way and strategies to making money with Forex?

null@example.com (hannahis) — Fri, 04 Dec 2015 19:21:45 +0000

Hi Diane,

There are tons of information out in the internet and I think none of the replies here would adequately address your question completely.

There are basically 3 areas (or more) you need to read up...

1. Qualities/discipline of a good trader (attitudes and self management)
2. Trading Strategies/Theories (making sense from Technical analysis, how to recognise a breakout etc).
3. Money Management (don't blow your account)

If you are looking for a quick fix solution...don't think you can find one easily and you would easily fall prey to those who try to sell you one and end up in many sorrows.

As the saying goes..."But those who eager to get rich fall into temptation and a snare and many foolish and harmful desires which plunge men into ruin and destruction. For the love of money is a root of all sorts of evil, and some by longing for it have wandered away from the faith and pierced themselves with many griefs." 1 Tim 6:9-10

Re: What is the best way and strategies to making money with Forex?

null@example.com (FXMachine) — Fri, 04 Dec 2015 12:52:53 +0000

You should open a demo account and test different strategies. My understanding is that you should not stick to one strategy only, but should test different strategies, plans and approach all the time. Yes, the current one you use could be working for you, however, there might always be something better out there. Don't forget the market changes rapidly all the time and you have to constantly catch up with its trend. )) Also, sometimes you might get mislead, as you were lucky with a trade, but you were under the impression you won due to your strategy. In my opinion, every trade is an ad-hoc matter, something unique that should be taken care properly. I could also say one should choose a small amount of instruments and keep an eye and trade with them only. Focus on a handful of instruments and follow their trends, whether using technical, fundamental, sentiment analysis or a mix of analyses. I prefer to verify using at least two different types of analyses, in order to have a peace of mind and to be on the safe side. Hope this helps. )))))))

Re: What is the best way and strategies to making money with Forex?

null@example.com (tradeittt) — Fri, 05 Jun 2015 12:00:07 +0000

this was the most unspecific question i've seen latest time:) but i guess the best idea is to start with learning

Re: What is the best way and strategies to making money with Forex?

null@example.com (ForexAxe) — Mon, 16 Mar 2015 06:44:45 +0000

Hi Daine21, a trading strategy is essential - find a reliable trading strategy then follow the rules of that strategy with discipline and patience. Secondly, draw up a trading plan where you define your short term, medium term and a long term goal.

Re: What is the best way and strategies to making money with Forex?

null@example.com (invex25) — Wed, 18 Feb 2015 07:51:25 +0000

I'm afraid that there is no success formula for Forex which can make you rich with a couple of bumps. You first need to get the market knowledge and the experience enough that let you build your own success strategies

Re: What is the best way and strategies to making money with Forex?

null@example.com (FXfinder) — Mon, 30 Jul 2012 19:27:58 +0000

I dont think there is any 1 way to hit big profits in FX, you just got to keep digging to find the best tactics which suit you.

Re: What is the best way and strategies to making money with Forex?

null@example.com (manningryan488) — Mon, 30 Jul 2012 15:01:35 +0000

Interesting trading template, Blaiserboy - short and concise!

Re: What is the best way and strategies to making money with Forex?

null@example.com (Blaiserboy) — Sun, 29 Jul 2012 01:41:13 +0000

I am attaching a trading plan outline, I have found this helpful in the past and someone else may gain some benefit by working their way through it.

Re: What is the best way and strategies to making money with Forex?

null@example.com (Mark27) — Fri, 27 Jul 2012 10:32:47 +0000

Trader should prepare their own trading plan, test some trading strategies and use that are profitable for him to make money in forex trading.

Re: What is the best way and strategies to making money with Forex?

null@example.com (manningryan488) — Wed, 04 Jul 2012 06:00:46 +0000

Patience. Lots and lots of patience.

Re: What is the best way and strategies to making money with Forex?

null@example.com (Blaiserboy) — Fri, 29 Jun 2012 19:32:12 +0000

As each person has a unique understanding and personality.. there is no real defined successful method that can be universally applied.

Minimizing risk, conservative money management have proven to be large factors in trading success.

What is the best way and strategies to making money with Forex?

null@example.com (diane21) — Fri, 29 Jun 2012 17:52:33 +0000

Hello everyone, what would be the ways of making money and gain big profits in foreign exchange can someone let me know that? Thanks!!