I received an email from Tapan Gill who wrote:
Hello Mario, I recently purchased and read your book 17 Proven Currency Trading Strategies – How To Profit In The Forex Market. As a novice trader, it helped me acquire the right knowledge about Forex trading. Thank you for getting this out for all of us to utilize and benefit from!
I recently completed the trader profile test and results indicate that I am suited for swing trading. What is the best way to employ swing trading strategies? Do I choose one trend, along with one of two range strategies and look for trades using these methods? Is this the best way to gain profits consistently?
Thank you for your support! I’m glad that my book helped you begin your Forex trading journey.
You can use as many strategies as you feel comfortable and confident with. If you want to master one strategy first, choose one and become familiar with it. For strategies that you never used before, try them on a demo account first and see whether it suits you or not.
Regardless of which strategies you employ, you need a trading plan with specific criteria for your entries. If your trading plan says to trade both the trend and range, then choose at least one for each.
Most importantly, once you have a trading plan, you must stick with it. You can refer to “Question from Baichen: As a new trader, how do I craft a trading plan and start my first trade?” to know what needs to be included in a trading plan.
To your success as a profitable trader,
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