Almost every successful trader when he was asked about his strategy, he said “Keep it simple”.
If we look, then the strategy used by successful traders is a simple strategy. This means the strategy is not too complicated and easy to use as an example you can learn the simple way through Vortex assets.
Is it possible for a simple forex strategy to generate profits while a complex is not necessarily a profit?
Very likely! Even more likely when compared to complex ones. The reason:
Simple strategy does not make traders confused, thus minimizing the occurrence of mistakes made traders. Simple strategies do not get traders trapped in the focus circle of analysis. A simple strategy facilitates trading of a trader so as to keep the mental from damage. You can learn a simple strategy through platforms like Vortex assets.
Therefore for those of us who currently use complex but not yet productive strategies, immediately switch to using a simpler strategy. Elements in the simple strategy is one of them is simple analysis. So a simple strategy is usually more focused on the strength of money management.
Example of a simple strategy:
- Simple blind strategy
The rule of thumb is to select a currency that moves in length, for example GBP / USD. Then open the hour time frame chart. You need to know that the average movement length of GBP / USD 1 hour is 30 points.
How to play:
Open position in every new open price … Read More