Trading the Forex market can make you a ton of money, but it can also blow up your bank account in mere months if you mindlessly walk into the field guns blazing. Having a strategy allows a trader to systematically extract profits from the market without incurring heavy losses. Sadly, novice and intermediate traders alike find it difficult, if not impossible, to find a strategy that suits their personality, objectives, and risk profile.
Below are 3 simple strategies anyone can test out, regardless of experience and skill level.