Do you really need a trading strategy?

Hi, it's been awhile since my last post. It has been a busy couple of months catching up on other areas of life, you know what I mean :) but that doesn't I complete go flat out of the trading business.

Well, back to our topic of discussion today....

Do you need a strategy or strategies trading forex? Well, the answer is both yes and no. That's my answer anyway. "Yes", if you are adept with the strategies and all and
"no", if you're not naturally a technical person and do not have a lifetime to spend on polishing up those skills. So, for me the obvious answer is really "no".

If I were to apply strategies to my trading, it would be too much trouble for too little profit unless I'm trading in the lots per trade, which I'm not (not yet, anyway). Even then, I'd rather have my forex robot take my place and let it trade on autopilot or take the buying or selling cues from the signals I receive.

In any case, when you enter a trade there are only about two possibilities - its either a gain or a loss, so you've got a 50 - 50 chance. Now, just by looking at the day's price in your Metatrader4 platform before entering trade, you can increase that chance to 60 - 40 or even more in your favour. The trick of the trade is in exiting when it's still in the money and holding your position when it's not. Do that a few times every hour or so and you're on your way to making a 2 - 5% return everyday very possible.

Try this, it works most of the time.

Forex ForREAL