Are you one of those who is trying every strategy in forex trading? But still losses and losses? Do you believe if I say it is not the forex technique that causes you to fail and lose, but it is YOUR own reason?
Yes. Indeed you are the cause. You!
In fact, the first forex strategy technique you learn since the first time you venture into this field can provide the same benefits as the last strategy you learned. Want to know why?
Let me explain. All strategies or techniques can give you an advantage if you follow the set-up entry requirements that have been learned. This means that you only need to trade here if there is a set-up instead of following a chart that is moving fast or friends who are trading.
There is no Forex Strategy that will Profit all the time
What makes a forex strategy successful is how well the profit can be achieved in 10 or 100 times a trade or what percentage of profit in a year. What makes a trader successful is his ability to stick to one technique or strategy even in times of profit or loss.
But many newbies do not know what they really do not know. That is what causes them to jump from one technique to another.
They also do not know how to start trading that should use a drawdown, and become afraid when the entry hit the stop loss twice in a row and continue to look for the best techniques that can give them a ‘holy grail’.
You must always be in this situation, right?
By faithfully using a strategy, you will continue to be proficient from day to day in that strategy even if there are times you suffer losses. Remember this profitable trading is like LRT, there must be another LRT coming if we are left behind.
Jumping from one strategy to another is just a waste of your time and money, even though you actually think it is a positive action in seeking knowledge to reduce losses in trading. It actually does not take you anywhere other than running out of money.
Choose a strategy that suits your personality and in terms of trading time. Not everyone who is busy working and a housewife can use the same strategy. It must suit your current situation and your personality. Remember how the forex trading strategy must be tested! It must be tested with a demo account first within a period of at least 6 months so that you are more confident and not afraid while using a real account in the future.
