One strategy cannot be useful in all market conditions

[PROPENSITY100]

There is no single strategy that can suit at all times and bring us profit in all market conditions. The strategy we need to apply depends upon the market condition and presence of major economic news. The only means to achieve success in Forex is through planning by using our knowledge and trading skills. Without knowledge no success can be thought of in Forex. Our plans should also consider the safety of our capital with top priority.

 

[eddiej]

Yes, but some strategies do work for most market conditions but there are ones that are more suited to a specific type of market condition.

 

[Markllee30]

Yes you are right we can not just depend one strategy we have to make some changes according to market situation.

 

[jackcm]

Well, it's true. Strategy whether is good depends on certain situation. That strategy may work greatly in that time, but trader might face huge losses unless he/she doesn't apply it in other situations.

 

[Decub]

Though I am an advocate of choose that strategy which works for you There are still times when you really have to diversify, become multi talented if you must move with Forex since it is dynamic.

 

[naninov]

safety of capital is our top priority and how to grow our capital is our duty... considering forex market as investment place to grow our capital and do not ever thinking forex matket as casino games to get rich quicly scheme, to get success need good money management

 

[Cutiekc]

Well, the strategy which I am sure can be good in all market conditions but not accepted by all broker is that of the hegding strategies where you will have to open a sell and buying order on the same pairs. So when that same pair on the buy order is bullish the other will be bearish but it is not that easy to use as it is risky cause you could be losing more than you are profiting on the other side.

 

[riddick09]

Well, the traders will eventually have here different strategies will be used in the different situations. Because, not all strategies will work or versatile. It will be depends on the short term and long term strategy. Thus, we can change it and that there are many strategies as well that can be combined.

 

[Cutiekc]

Well, the traders will eventually have here different strategies will be used in the different situations. Because, not all strategies will work or versatile. It will be depends on the short term and long term strategy. Thus, we can change it and that there are many strategies as well that can be combined.

All strategy works at all market condition of which there are just two mainly market conditions. Known as bullish and bearish meaning when the market is moving upward or when it is moving downwards. So depends on how a trader applies his strategy and the pairs is been traded.

 

[hadg33]

That's very correct,I also feel that one strategy can work in all markets. Strategies can be combined to make one and applied to all tradings and yet still make profits in all the trades. Yes,the market is just about the trends so probability is 50:50

 

[barood4money]

I don't think so. We cannot go always with one strategy. Multiple plannings are most necessary. This is best for risk free trading. Whenever plan A fails you can use plan B.

 

[riddick09]

Well, I do think that one strategy will be enough, when we have found it profitable with our skills. But I think what meant here is the combination of the Forex indicators that will form our strategy but still one strategy only. And that we can change our strategy when don't see it working or inappropriate in our qualities as a trader.

 

[kaiceaziz]

Yes, but some strategies do work for most market conditions but there are ones that are more suited to a specific type of market condition.

i think that there is no strategy alone can continue making profits.. As there is always possible losses all the time. Even the new best automated robots sometimes fail and mistake. For this every trader has to trade on more than one strategy to avoid big losses and get more knowledge. As to say, dont put all the eggs in just one basket. To avoid crashing all of your eggs in one bad fall.

 

[barood4money]

Market condition never stays same. It has huge fluctuations, and it creates many situations. So, if there is multiple situations, then how can we use only one strategy.? Take it as a game. If you play with one strategy then your experience will get limited.

 

[Decub]

Well, I do think that one strategy will be enough, when we have found it profitable with our skills. But I think what meant here is the combination of the Forex indicators that will form our strategy but still one strategy only. And that we can change our strategy when don't see it working or inappropriate in our qualities as a trader.

One can say that a good strategy which works out is somehow reliable but in my own opinion, gaining different strategies is not a bad idea considering the complex nature of Forex, one might discover that the strategy he used to know might not work out well in the nearest future.

 

[barood4money]

It is always preferable to keep ready multiple strategies while trading. It will help to trade at complicated situations at market. And it will also you to analyse that which strategy will be better at which situation.

 

[Angelic]

It is always preferable to keep ready multiple strategies while trading. It will help to trade at complicated situations at market. And it will also you to analyse that which strategy will be better at which situation.

First, what needs to be known is how many market condition do we have. They are bullish and bearish meaning when the market is high and low. And most of the times all strategies works but it depend on the type of trader that makes use of it. Scalpers does not make use of same strategy been used by a swing trader.

 

[barood4money]

First, what needs to be known is how many market condition do we have. They are bullish and bearish meaning when the market is high and low. And most of the times all strategies works but it depend on the type of trader that makes use of it. Scalpers does not make use of same strategy been used by a swing trader.

Forex is a place where there is lots of fluctuations every second. So it doesn't stay bearish or bullish for long time. And experienced traders never trade with one or two pairs. so you have to plan according the situation you face. At the time of scalping only one strategy is used.

 

[budado]

One strategy can some how be use. But its better that we have multiple strategy in this way we can really earn good amount of money in here. I do hope that in the long run we all going to make something good out of myself in here. Who knows we all be the best trader their is in here.

 

[Decub]

Having so many strategies is just the best. though it is advisable for one to choose that which works best for him, we find out that sometimes, the nature of trade turns around and that which we might have been using seems not to work.