The most profitable forex strategy
Anyone who starts trading on the currency exchange strives to earn as much profit as possible, this category of people becomes traders, preferring this activity to simply going to work.
The amount of earnings on the currency exchange depends not least on the Forex strategy used, and to be precise, on some elements of trading.
Which can be used in almost any trading option, regardless of the selected asset.
The most profitable Forex strategy can bring up to 1000 percent or more per month, thereby increasing the initial deposit tenfold.
Moreover, this statement is based on real facts, when in just one trading session, the deposit increased several times.
In addition, its main advantage is its ease of implementation in practice.
Let's move directly to the most profitable Forex strategy.
Its main component is, of course, a large leverage, its size should be around 1:500, this does not mean at all that you will open transactions 500 times larger than your deposit. It’s just that this size will give you more room for maneuver:
On average, on a deposit of $100, orders with a volume of 0.1 to 0.5 lots are opened, the cost of a Forex point in this case, with a four-digit quote, will be from 1 to 5 dollars.
So if you only make 5 pips, that could be $25, and that's from just $100 per trade. The essence of the most profitable Forex strategy is to catch pips; we will trade on the M1 time frame, without using additional indicators and other assistants.
The currency pair, of course, is euro/dollar, otherwise the spread will take half of our profit; the spread can be either minimal fixed or floating, although in the latter case the trading process itself will be significantly more complicated, since it will also be necessary to control the size of the spread.
Only scalping brokers ; by choosing another company, you run a high risk of being left without your deposit due to its blocking.
The basis of the most profitable Forex strategy is the right moment when you can highlight the cyclical nature of rate fluctuations.
In practice, this is done like this: we launch two trading platforms at once, but a demo account must be configured on one, a real one on the other, the trading tools and time frame are the same. For these purposes, it is better to use two separate devices, for example, a smartphone and a laptop:
But you can simply switch between accounts in one trading platform.
We open a deal on a demo account in any direction and begin to track how its financial result changes, identify a pattern when profit (loss) increases and when it decreases, and use the resulting result for the entry point in real life.
For example, a buy deal is opened on a demo account, the profit on which is gradually growing, but with some differences, we catch the moment of such a rollback and at this time open a deal on a real account. We close as soon as a new rollback begins; usually the profit does not exceed 3-7 points.
It would not be amiss to conduct a quick analysis of the current situation on M1, and build a price channel or support (resistance) line, this will serve as an additional guideline:
Some traders begin to increase transaction volumes as soon as there is a significant increase in the initial deposit. This step will help you achieve your planned result faster. The volume of opened positions increases proportionally with the growth of the deposit.
It is quite difficult to explain in more detail the essence of this trading option; you need to try to implement it yourself, and in the process of work an understanding will come.
Despite its simplicity, the most profitable Forex strategy works well, the only condition is that you should not use it constantly, catch the moment when you can calculate price movements. The record set by a trader I know using this strategy is 10,000%; in a month he increased his deposit 100 times.
True, after an unsuccessful transaction, half of the profit was lost, but the result was still impressive.
Other profitable Forex trading strategies - https://time-forex.com/strategy