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.
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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.