Ма-ма-Мария
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- Mar 13, 2006
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Day trading vs HODLing
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Best strategy for forex?
- Thread starter Ма-ма-Мария
- Start date
"Yooo, guys, I'm no expert, but from what I've learned, scalping with a good EA is still the way to go. Some of you might say it's not sustainable, but if done right, it can generate steady profits. Anyone else using this strategy?"
Honestly, I'm no pro in forex, but from what I've seen, a solid strategy is all about diversifying your trades and staying up to date with market news. I've had some success with technical analysis and setting stop-losses, but it's all about minimizing risks and not over-leveraging your positions. What's your current approach?
"I'm not a huge fan of forex personally, but if I had to advise, I'd say focus on longer-term trends and use technical analysis to ride the waves. Also, stay diversified and don't put all your eggs in one basket, since the forex market can be super volatile. Has anyone tried any automated forex bots?"