Set and Forget Forex Trading Strategy (+ Confluences)
A Set and Forget Forex Trading Strategy is one where you Set your Entry, Set your Stop Loss, Set your Take Profit, and go about your day or night. What’s the benefit? The benefit is that a Set and Forget Strategy eliminates the emotional roller coaster of forex trading. You simply Set your parameters and go about your day or night. By eliminating the emotional factor of trading, you will make better trading decisions. This is known as trading objectively, which is the proper way to trade. Think of it as trading like a machine. You’re simply executing trades objectively, without emotion. A good strategy coupled with objective trading is a very simple recipe for success.