FinanceTrading

The break-even strategy of Forex: is it possible to have a miracle?

Today the Forex market has gained immense popularity. Traders want to become not only people with higher financial education, but also simple schoolchildren. The reason for this situation is quite simple - ubiquitous advertising promises huge revenues with minimal investment.

At the same time, many so-called traders do not even think about what Forex strategies are, trading for them is a game in the casino. The approach is fundamentally wrong and can lead to the loss of a significant part of the deposit.

A beginner trader may have a question about what, in general, such a trading strategy. In short, this concept can be described as a set of rules, which under certain circumstances help in the process of trading on the exchange to profit or minimize losses. To become a successful trader, it is important not only to properly develop or choose a strategy, but also to follow it rigorously.

Most people who are just beginning to delve into the stock market are pathologically afraid of the word "loss". The concept of deposit drawdown (negative result within the trading period) for them simply does not exist. This is successfully used by scammers. They offer for a small fee to purchase materials that will open a trader to break-even Forex strategies.

The trading technique, which brings a trader to a trader, can easily drive the other into a big minus. Therefore, the question of whether a break-even Forex strategy can exist is ambiguous. There are many reasons for this.

First, the level of psychological preparedness can be different. A trader on the stock exchange can be greedy to profit or too afraid of losses. Someone's sharp fluctuations in quotations can lead to a stupor, and someone - to force open unconsidered positions.

Secondly, the trading time may differ significantly. Forex - a 24-hour exchange, trading sessions in different countries occur at different times. Therefore, during the day the intensity of the price movement can significantly differ.

However, if you try, you can find such a trade option, which can be called a "break-even strategy." Forex allows you to make a profit without even going into the basics of market analysis.

An example of such an option for trading can be the opening of transactions on the grid. In this case, we initially enter the market at any point along the minimum lot. For example, we prefer "bull" strategies and, therefore, we trade on purchases. In the event that the price went up (that is, we start to make a profit), we sit and rejoice. In this case, if possible, it is desirable to install and subsequently move the stop-loss signal in the positive area. It is important (if it works, and the transaction closes) to start trading from the beginning, that is, to reopen the deal on the minimum lot.

In the event that the market goes against us, through a predetermined number of points, we act again in the same way, but with an increased lot (one or two times). So we continue until the moment the market turns in the right direction, and the result of the transactions will not be positive. In this case, we close the deal and start trading first.

Trading on the grid can be called a "break-even strategy forex" with stretch. Significant market movement in the direction opposite our expectations, can lead to a significant drawdown, and sometimes a deposit sink. You can avoid this if you correctly calculate the minimum lot in accordance with the size of the deposit. In addition, you can try on one account to combine trading on two grids - based on the "bear" and "bull" trend.

Other trading principles that can be called "break-even Forex strategy" are very many. But do not forget that success is only waiting for those traders who are able to constantly develop and can independently adjust the used trading strategy and the current state of the market.

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