Forex trading strategy

[gmkhan]

To create a successful trading strategy, traders should address the following considerations:

1. Reasoning of the trade: Why buy or sell? Which pair?
2. Timing of the trade: Why now? Before economic news releases or after?
Day or night?
3. Trading objective: What is the take profit target? What is the stop loss?
4. Money management.
5. Documentation and analysis of the results.

 

[David Train]

Wow! Never think of my strategies in this formed way. Thank you!
The main important thing is analysis of your results.

 

[Rambo35]

Money management is the most important fact which you have listed. Without proper money management your account is doomed over the long-term.