How to build a profitable trading strategy? any suggestion from expert?

Do your own research before trading. Otherwise, it will be difficult to trade. People here can tell you what you can do and what you cannot, but only your experience will let that know.
 
If you believe too much in what others tell you, you will limit your options. It’s best to do your own learning and research and then practice different strategies until you find the best one for you.

Yes this Is correct, so he should expand his research also by checking more useful websites like WikiFx website
 
I am not an expert but something that I did in the beginning was to observe and study successful traders and then adopt the strategy which led them to success. It is always better to follow the footsteps of skilled traders in the initial stages as it gives you a blueprint to work with. Once you get familiar with the market and trading techniques you can modify the strategy to suit your needs or even try out a new strategy. But it is always recommended to start with a strategy that has been tested and proved to be working well.

This is absolutely right, because trading randomly without learning from the expert will not yield any good results, so it is best to engage yourself to the best mentors, you can join some through some Livestream, like I found a good Website of a company called WikiFx website, they organise free live broadcast for traders to watch and learn from the expert invited
 
Building a profitable trading strategy is essential for success in forex. A beginner may not be able to find the perfect strategy in the first attempt itself. That is why we are always told to backtest our strategy several times before applying it on our real account. Backtesting does not guarantee success of any strategy but still we will be able to improve it further based on the backtesting results.
 
I think a beginner should always keep their strategy simple and easy to follow rather than making it complicated. Your strategy is like your route map which guides you throughout your trading journey. So, making it complex would only make you confused and lost while trading. You can switch and move to more advanced strategies once you gain some experience in the market. But please keep it simple and clear until then.
 
If you’re a beginner, place stop loss and calculate a risk reward ratio so you manage your capital as well as risk. Depending on your budget, you may have to practise on a demo and create a strategy that works according to your personal goals. Many will give advice but you have to rely and apply on your own wit and skill to move forward.
 
When you start with a readymade strategy, you get an idea of what it lacks and what you would need to add to it to make the most of the market. By doing this, you don’t just get an idea of the live market but also get to know that no strategy works accurately all the time. You have to work on improving it from time to time to ensure that you don’t lag behind in any way.
 
A trading strategy must be created considering one's risk appetite, financial goals, preferred time-frame, and preferred frequency of the trades. Traders should not follow others trading strategies as what might be working for them, may not work for you.
 
It is important to understand the different types of markets and how they work in order to build a profitable trading strategy. In most cases, you will want to focus on short-term trading in markets with low risk so that you can make money while taking advantage of opportunities that come your way. You will also want to focus on pairs with high potential returns so that you can make more money than you would.
 
Study and learn several successful strategies. Put them to the test to see if any of them are profitable. If you do, you'll have uncovered a winning trading strategy. Otherwise, you will need to research and test a few more strategies.
 
If you're just starting out, it might be best to stick with straightforward strategies. Incorporating too many technical indicators into a strategy is a common beginner mistake that leads to signal conflict and information overload. As you trade and gain experience, you can always make adjustments to your strategy.
 
In order to build a profitable strategy, you will have to do a lot of research. First, write down your goals and objectives. How much time can you give each day? How much capital can you risk per day? Which strategy is the most comfortable for you? Etc.
Second, open a demo account and make a strategy. Keep working on that strategy till you can make consistent profits for 4-6 months.
Third, apply that strategy on a live account with the right trading psychology.
 
To trade currency pairs successfully, forex traders employ a variety of strategies. Although there are many different approaches one can take, there are a few that you should go with. To avoid experiencing too much difficulty, it is crucial to match the strategy you choose to your unique trading style.
 
Decide how you want to trade based on your time availability and geographical location. Then think about how you read price. Is it based on TA of FA. Set up some rules and then start to test them. Back test and forward test and build a solid dataset. Without this you simply cannot make calls on the effectiveness of a strategy. Then you tweak it and test it until you arrive at a point where the stats suggest you can make money.
 
I don’t think any expert can tell you the perfect strategy that will work for you. They can only give suggestions based on their experience. But your profitability and success would depend upon your knowledge and skills in the end. So focus on learning and developing your skills so that you can find a strategy that aligns with your trading goals.
 
I don’t think any expert can tell you the perfect strategy that will work for you. They can only give suggestions based on their experience. But your profitability and success would depend upon your knowledge and skills in the end. So focus on learning and developing your skills so that you can find a strategy that aligns with your trading goals.

The end result eventually depends on us, we can read so many ebooks and courses, but finding suitable and profitable trading strategies, not books or mentors will determine if we can learn well about the market, and it will make us closer to producing better results.
 
Try to find the best strategy fitting your daily routine, stamina and risk appetite. Check out Trand Following book by Michael Covel, great thing to begin with good luck!
 
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