Imagine you trade a system that makes 50% winning trades, but another 50% are losing trades. If you increase your odds of winning by only 20%, that would make 70% winning trades and 30% losing trades.
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The easiest forex strategy is one that allows new traders to start seeing results faster than others, but always remember. Some strategies have pros and cons!
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In this video, we dove into the expectations of most people when they first come into this market…. vs the reality they face. If you’ve been in this market for longer than 3 months… you can 1000000% relate to this video!!!!! I know I for damn sure can. Let me know what part of this video resonated with you the most? The Cycle of Forex Trading? Taking a course? Experiencing greed and losing all the money you made in one trade after a string of winning trades? Let me know π
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DISCLAIMER: I am not a financial adviser. The videos on my channel are for educational and entertainment purposes only. I’m just showing you guys how I invest and day trade, but remember, investing of any kind involves risk. Your investments are solely your responsibility and not mine. While day trading can bring serious gains, it can also bring serious losses! So make sure you do your own research to fully understand the market before diving in. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore should not invest money that you can’t afford to lose. The fluctuation of the market can work for you or against you. You should carefully consider your investment objectives and experience before deciding to trade in the market. Again, what you invest in is solely your responsibility.
FX money management is the one thing that makes your account go up or down. So why do so many videos ignore it? I know exactly why, and we talk about it in Video #1 of my Forex Money Management playlist.
No Money Management = No Money
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#ForexTradingStrategies is a channel helping forex traders – new and experienced, with forex trading strategies to help or improve their forex trading. What are the best Forex trading strategies for beginners and professional traders to use? Find out on our channel – we feature Scalping strategies; Day trading strategies, Swing trading strategies and more forex trading strategies!
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What is a Forex Trading Strategy?
A forex trading strategy is a technique used by a forex trader to determine whether to buy or sell a currency pair at any given time. Forex trading strategies can be based on technical analysis, or fundamental, news-based events. The traderβs currency trading strategy is usually made up of trading signals that trigger buy or sell decisions. Forex trading strategies are available on the internet or may be developed by traders themselves.
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This video is for educational purposes only and is not a recommendation for trading whatsoever. Trading Forex is very risky, so be very careful to not lose your money; I do not take any responsibility for your trading activities based on any of my videos. Video Rating: / 5