Category: Choose Best Strategy

By now, you have identified a time frame, the desired position size on a single trade, and the approximate number of trades you are looking to open over a certain period of time. Below, we share three popular Forex trading strategies that have proven to be successful.  Scalping Forex scalping is a popular trading strategy that… Continue reading Three Successful Strategies

Finding the proper trade size is of the utmost importance. Successful trading strategies require you to know your risk sentiment. Risking more than you can is very problematic as it can lead to bigger losses.  A popular advice in this regard is to set a risk limit at each trade. For instance, traders tend to set a… Continue reading Position size

When choosing your strategy, you should answer the question: how frequently do I want to open positions? If you are looking to open a higher number of positions then you should focus on a scalping trading strategy.  On the other hand, traders that tend to spend more time and resources on analyzing macroeconomic reports and… Continue reading Number of trading opportunities

Choosing a time frame that suits your trading style is very important. For a trader, there’s a huge difference between trading on a 15-min chart and a weekly chart. If you are leaning more towards becoming a scalper, a trader that aims to benefit from smaller market moves, then you should focus on the lower… Continue reading Time frame 

Before we proceed to discussing the most popular Forex trading strategies, it’s  important that we understand the best methods of choosing a trading strategy. There are three main elements that should be taken into consideration in this process.