Making Forex Trading Strategies Work

Often people will purchase or adopt a trading strategy but for some reason or another, traders don't click with it, despite following it to the letter.

I have found that by taking that strategy and tweaking it slightly or overlaying something on top or having another pre-requisite in place before before pulling the trigger, or by just back testing the hell out of that strategy, something then clicks and people tend to have more success with it, than they would have done beforehand.

So why is that the case?

Well I'm a firm believer in making any trading strategy your own. By knowing it inside out through back testing, forward testing in a Demo account, in all market conditions and times of the trading day and in differing time scales one can see which setups and conditions work best for you. So you are personalising that strategy through complete familiarisation and adding anything extra you find to improve its probability of success.

By making a trading strategy your own through the above process, you have far more chance of being a successful Forex Trader.

Hope that helps.

Martin S

www.Forex-Crazy.com

P.S. If your interested in finding a new trading strategy and making it your own then have a look at HERE or HERE.


Forex-Crazy - The free site for Forex newbies to stop them losing money and their shirt! We try to help them learn how to become consistent and profitable traders.