Hello guys. What are the possible Currency pairs trading strategies that a newbie can follow up. It should be from personal observations, beliefs and practices. Thanks.
I know that it's good to ask of the possible way of trading, i know that many people will give you their own ideas of trading base on their understanding of trading, another thing is that in trading you have to make your own impact by researching of trading by using YouTube video and also searching in Google to know more better of trading strategies, because it's hard for someone to give out it's way of success in trading, it's what i found out
Watching videos from YouTube concerning trading strategy is good one but sometimes it can be complicated for newbies because they get different experiences from different people. I think the best thing that will be easy for beginners is to get someone who knows trading very well who will be able to teach strategies that is profitable. It is better to accept different strategies that their are no assurance if it truly works. Having a mentor in trading helps in developing one's trading ability.
Without a doubt having a mentor is the optimal choice as they can help you to identify the information that is accurate from the one that is false, this will speed up your development to an amazing rate and even help you to create your own strategy, however why this is not more common? Because finding a mentor is really hard, even if you knew someone that knew how to trade the markets there is not guarantee they will want to teach you as they will see you as a potential rival.
Not all the times and it would really be depending on the mentor on which you cant really be able to assure that the current ones who had been teaching you are the ones who do give out the best idea.
This is why it would really be just wise on making up some comparison so that at least you would be having the idea which one is really leading you into the right path. Although its not really that not necessary
for you to have a mentor since you could eventually make yourself learn with having the information that you could look around on the internet which it would really be just right or enough
for you to learn up without having some teacher or mentor when it comes to trading.There are lots of strategies around which you could potentially use and this is where
it do ends up on having personal preference or choices along the way.