Probably, there is no such trader who would not dream of a win-win strategy in the Forex market. About a strategy that will make all transactions profitable, probably, everyone dreams. But is it real?
After all, every player on the market has his own strategy, his methods of analysis. In addition, absolutely successful players in the Forex market do not exist. All sooner or later they suffer losses, but someone in time manages to close the deal or change the trend, but someone does not. From this, in fact, the size of losses depends.
However, they lose everything, and this proves once again that the ideal win-win strategy of Forex is a myth. Beautiful, desirable, but, alas, non-existent. The key to success in earnings on the difference in exchange rates is knowledge and the ability to analyze and predict the changing situation. In order to earn necessary to master the skills of fundamental and technical analysis of Forex. We need to carefully monitor the development of the trend and be able to leave the game in time.
Only this approach will allow you not to drain immediately all your deposit. Of course, much depends on luck, but only with the knowledge it can bring you profit. Each trader should have his own strategy based on experience and knowledge, and if you increase your deposit every month by at least 10%, then your strategy is a success.
Foresee the behavior of the Forex market is not easy enough, however, relying on technical analysis and signal indicators to do this is possible. Your win-win strategy is the knowledge and ability to systematically increase your deposit. And if you do it, then you should stick to your tactics with small adjustments to the specific situation.
Forex is quite a dynamic market, so an ideal strategy, suitable for all situations, simply can not exist in nature. And all the proposals to acquire the ideal strategy for a symbolic, and sometimes very serious fee, which today is full of the Internet – just a fiction. Trade is something that simply does not exist.
The ideal strategy is to maximize profits, and reduce losses to a minimum. And each trader has his own approaches to implementing this strategy.