How to create your own trading strategy

What you need to know to create your trading strategy

Today, Forex market participants have to process a stream of a huge amount of information to select a certain type of trading strategy.

Some try to develop their approach to conducting operations in the foreign exchange market, others use a ready -made strategy, and others try to combine several types, but taking into account their characteristics. In this case, it is very important to correctly distinguish the information, namely: this is the opinion of professionals or beginners. Let’s take a look at the algorithm that should be used by novice traders in the development of their behavior in the market.

Firstly, when analyzing all information about trade strategies, you should choose the most you like.