Forex Zone - Forex Forum
  1. Forex Zone - Forex Forum
  2. General Category
  3. Forex Education
  4. Switching strategy

Switching strategy

Discussion started on Forex Education

Print
Pages: 1 ... 7 8 [9]   Go Down

wediamalik622

  • Hero Member
  • Posts: 1367
  • Points: 421
  • Likes Received: 142
  • Reputation: +1/-27
there are times when we use switching techniques then it turns into profit and that is of course very good.
#121 - August 27, 2022, 12:23:37 AM

Nick77

  • Hero Member
  • Posts: 3144
  • Points: 7493
  • Likes Received: 631
  • Reputation: +39/-36
Quote from: wediamalik622 on August 27, 2022, 12:23:37 AM
there are times when we use switching techniques then it turns into profit and that is of course very good.
If we are inexperienced and are not proficient in trading then using a system like this will actually be able to damage our results
#122 - September 05, 2022, 08:58:39 AM

Dana D

  • Hero Member
  • Posts: 3953
  • Points: 2959
  • Likes Received: 809
  • Reputation: +35/-32
Quote from: Nick77 on September 05, 2022, 08:58:39 AM
If we are inexperienced and are not proficient in trading then using a system like this will actually be able to damage our results
That's right, usually this kind of system is only used by those who are already professional
#123 - September 06, 2022, 10:13:40 AM

fadillaangga233

  • Full Member
  • Posts: 127
  • Points: 236
  • Likes Received: 0
  • Reputation: +0/-0
Don't hesitate to switch because sometimes our analysis is wrong and doesn't match the trend.
#124 - October 26, 2022, 09:28:42 PM

Prudential

  • Full Member
  • Posts: 166
  • Points: 666
  • Likes Received: 0
  • Reputation: +0/-0
I don't like it and are not interested in this way
#125 - November 05, 2022, 04:49:48 AM

Deborah

  • Full Member
  • Posts: 166
  • Points: 666
  • Likes Received: 0
  • Reputation: +0/-0
I think this kind of system will be suitable only for experienced ones
#126 - November 05, 2022, 07:11:07 AM

Indika

  • Full Member
  • Posts: 175
  • Points: 675
  • Likes Received: 0
  • Reputation: +0/-0
In trading I never did this
#127 - November 15, 2022, 07:37:36 AM

Timah Panas

  • Full Member
  • Posts: 160
  • Points: 660
  • Likes Received: 0
  • Reputation: +0/-0
I think a system like this is very complicated
#128 - November 17, 2022, 07:05:55 AM

Siemens

  • Full Member
  • Posts: 101
  • Points: 601
  • Likes Received: 0
  • Reputation: +0/-0
for beginners the switching technique is really risky, ordinary analysis often occurs floating especially doing order reversal they will doubt.
#129 - December 09, 2022, 04:44:47 AM

Timon

  • Jr. Member
  • Posts: 81
  • Points: 581
  • Likes Received: 0
  • Reputation: +0/-0
Actually it depends on the situation, changing the strategy is not a problem as long as implementing a money management security strategy.
#130 - December 11, 2022, 06:03:55 AM

Kardel Sharpeye

  • Hero Member
  • Posts: 2167
  • Points: 2732
  • Likes Received: 2
  • Reputation: +0/-11
Switching strategies in Forex business can be both beneficial and detrimental. If a trader finds that their current strategy is not effective, it may be necessary to switch to a new one. However, it's important to thoroughly research and test any new strategy before implementing it in live trading. Sudden switches without proper evaluation can lead to losses and confusion. Additionally, it's important to recognize that no strategy can guarantee profits and losses are an inherent part of trading. Therefore, it's important to exercise caution and have a plan in place for managing risks when switching strategies.
#131 - March 02, 2023, 09:09:02 AM
Print
Pages: 1 ... 7 8 [9]   Go Up
  1. Forex Zone - Forex Forum
  2. General Category
  3. Forex Education
  4. Switching strategy

Members:

0 Members and 1 Guest are viewing this topic.