Quote from: Idrisu on December 06, 2016, 06:51:21 AM

Quote from: harizen on November 27, 2016, 08:23:09 AM

Quote from: Idrisu on November 25, 2016, 04:51:03 PM

I have been trading forex for the past 8years, my experience is that; money management is best principles trader has to learn I mean a must learn if he what to succeed in trading. Money management principle make me see forex trading as a business and not gambling or lottery. More so money management in trading take fears and emotions out of trading. My question is what are your best strategies of forex trading.

Obviously money management is a one of the must thing to do and it's a common way to execute when you are in any kinds of money investment well of course especially if a person is doing forex trading or any kinds of assets trades. It's not a strategy but rather main thing to place on the table. And besides when you are in a trading activity, you are eyeing for a profits so it means you are treating the trades seriously and not as a gambling or in an entertainment view.

Everyone have different so called strategies. More importantly, a strategy of theirs must maintained their winning streak or should I say should give them more profits than a loss one.

In your 8 years experience I will assume you really built a great experience and I know others want to see your other strategies too.

Forex trading and other currency trading involved a lot of risk, and no matter the strategies a trader is used he can not win all his or her trade. Outside money management principle we the trader should also look at our risk reward principle also and with these two principle, with a winning of 60% to 70% you will still be in the green.

Everything in this world that gives you profit is having risk so does with trading. you can't consider the risk as the problem that holds you from trading but preventing it to be happen. and if you're reffering "winning of 60% to 70%" as the same of getting profit in that amount. definitely an absolute winning you got there