In this article, I will review the forex grid trading strategies.
Now some beginners have a bias against the grid trading systems. For example, it will blow up the forex trading account.
I think that it is better than other forex currency trading system. Because we place multiple trades forming a grid pattern, instead of placing one trade
In fact, not only the forex grid trading, but also the rest of the forex trading strategies will blow up it.
Therefore, I stick to trade using the micro lots one trade at a time. I think it is my basic idea of grid forex trading.
Let's go over again I will value the forex trading risk management rules and trade Forex with a Small Trading Account.
Second, some beginners think it won't make enough money. But professional traders always treat forex trading like a business.
Third, some beginners think it doesn't need to identify the major trend on the daily chart. In fact, professional traders will use a trend line to determine the major trend.
Now some beginners have a bias against the grid trading systems. For example, it will blow up the forex trading account.
I think that it is better than other forex currency trading system. Because we place multiple trades forming a grid pattern, instead of placing one trade
Therefore, I stick to trade using the micro lots one trade at a time. I think it is my basic idea of grid forex trading.
Let's go over again I will value the forex trading risk management rules and trade Forex with a Small Trading Account.
Second, some beginners think it won't make enough money. But professional traders always treat forex trading like a business.
- They will write a forex trading plan. It can define the real profit targets, the entry and exit points and the risk management rules.
- They will build a forex trading checklist. It will help them find the forex trading opportunities
- They will write a forex trading journal. It will help them track, measure and improve the trading performance.
- They will learn to trade forex with a demo account.
Third, some beginners think it doesn't need to identify the major trend on the daily chart. In fact, professional traders will use a trend line to determine the major trend.
At last, I am not content with the forex grid trading system, I have developed more basic forex trading systems on the MetaTrader 4 platform. For instance, the 4 hour forex trading strategy and the forex day trading strategy.
Anyway, I'll build a lifelong habit of learning.
Anyway, I'll build a lifelong habit of learning.
I'm writing this review because I think the gird trading method is the most popular forex trading strategy. It will be well worth my time and effort to learn.
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| my forex grid trading review |
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