Better strategy selection is a much-needed thing for a trader because it provides direction to a trader which side to trade and which side not to go for. Trend identification is highly essential for a trader to be the gainer.
Selecting a better strategy in forex involves understanding your trading style, risk tolerance, and market conditions. Consider strategies like trend following, range trading, or breakout trading. Backtest strategies, demo trade, and adapt them to suit your personality, ensuring they align with your financial goals and risk management principles.
Better strategy yields better return but the saddest truth is that we hardly have a good trading strategy as a result we are failure in the market to gain better profit. I can apply all my preferred trading strategies on the platform of LQDFX broker without facing any technical glitches. Their mt4 and mt5 trading platforms are equipped with all necessary technical tools.
There are currently 1 users browsing this thread. (0 members and 1 guests)
Bookmarks