June 24, 2017

What is Forex Strategy?

Forex strategy comprises the tactics designed on the basis of market analysis in order to maximize profit ratio and minimize loss ratio. These strategies act as guidelines which decide the direction of further action in this ever-changing market. The more powerful forex strategy you will have the more profit you will make through your investment. Making right use of any forex strategy at right time is the key in forex trading success. Some important forex strategies include leverage, stop loss order and limit order etc. Leverage is the most commonly used forex strategy which lets a trader to trade hundreds times more than his actual trading capacity.