Giving up on Forex. Any last chance advise?

[latabla03]

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[FerruFx]

Originally Posted by IBN KHALDOUN

What is the best strategy in Forex Trading Thank you

You have to find your way ... your trading style. Keep in mind that all strategies could be a good one but the exact same strategy will work very well for a trader and worth nothing with an other.

Good luck and wish you a lot of pips.

FerruFx

[profxtrader01]

I see a lot of people asking for a system or a way to make money. I have found in talking to many, many traders that the time of day that you are trading in, is one of the real keys to increasing performance. Second. Eliminating silly mistakes, like trading on days with little or no economic data, or before major news announcements are things that must be stopped. Another nugget is to start at the bigger timeframes and work your way into smaller and smaller timeframes. This is not a recomendation but lately I have been getting good daily information at http://Forex.fxdd.com its free and they put out a video once a day. Its always good to get the big picture and then break down to the timeframe you are going to trade in.

[FerruFx]

Originally Posted by profxtrader01

... the time of day that you are trading in, is one of the real keys to increasing performance.

Second. Eliminating silly mistakes, like trading on days with little or no economic data, or before major news announcements are things that must be stopped.

Another nugget is to start at the bigger timeframes and work your way into smaller and smaller timeframes.

3 great advices that beginners have to keep in mind all day long.

FerruFx