Set of trading rules.

A forex trading strategy is simply a set of rules telling you when to buy or sell when certain market conditions are met in order to make a profit. Any forex trading strategy should have these 4 core but basic elements, such as the condition that should trigger you to buy or sell, where you place your stop loss order, where to place take profit target and the system should have rules on how to manage a trade. I am doing simple forex trading with ECNCAPITAL.COM.

Every Forex trader should have a set of rules to trade with Forex. Strategy wise trading is the best way because here it works as a trigger which tells us when to buy or sell. Without maintaining such rules and regulations a trader cannot be successful in case of trading. A proper planning should be built up. I am trading with Trade12 maintaining all this sets of trading easily.