What technique you're using?

[Electric Rainbow]

Every trader is having his own trick to be part of this trading business. There might be no name for this strategy because it is their own one. But I have seen that many traders are using scalping for short term earning.

 

[Shing1985]

Hedging is widely used in Forex trading and most of the brokers allow Hedging but some brokers do not allow it. It is profitable but we should use it wisely.

 

[FxPro Trader]

Hedging is widely used in Forex trading and most of the brokers allow Hedging but some brokers do not allow it. It is profitable but we should use it wisely.

I want to reduce the losses in my trading and the best way to do this is to make sure that my risks are minimal and the amout of profits are more.

 

[Rexscar]

The trading technique that I use is the last minute drop. I know that you have never hear of this so let me tell you what it is. It is when you trade at the very last minute. There are trades that last 5 minutes. I watch the trade for 4 minutes and the I buy or sell when there are 40 seconds to the end of the trade.

 

[FxPro Trader]

The trading technique that I use is the last minute drop. I know that you have never hear of this so let me tell you what it is. It is when you trade at the very last minute. There are trades that last 5 minutes. I watch the trade for 4 minutes and the I buy or sell when there are 40 seconds to the end of the trade.

We must try to focus on using such types of trading techniquies that are more profitable for us and we can get good income from them.

 

[Morlugamand]

I do not use any special technique . Some people think that they need to have some sort of great plan to continue trading but that is not true. All that you need in forex is discipline and knowldge because if you do not have any knowledge then you are as good as done.

 

[Gravelwing]

I use the planning techique. This is when a person trades only when they have planned to trade. I have a journal where I plan all of my trades for a month. If I trade ith a plan then I find it easier to manage my money and I also make the right choices.

 

[RainbowRain]

Hedging is just a temporary freeze of a loss. And here it is important to be able to exit this lock without even greater losses. Therefore, I prefer to trade without multidirectional orders and with a tight stop-loss.

 

[Aaron_0]

An immediate hedge allows you to protect your position by taking opposite trades simultaneously. If you’re long on an asset, you also open a short position to limit potential losses. This strategy keeps your trade active in the market, providing flexibility while managing risk, unlike closing and reopening positions at different prices.

 

[RainbowRain]

I use trading techniques based on support and resistance levels, Fibonacci levels, sloping trendlines, and channels, and I also look for entry confirmations through candlestick patterns and technical analysis figures.