My Most Profitable Trading Strategy
Sophia Todorova is the host of the live trading room for the London session. She has a background in teaching and psychology, and as such relishes the idea of assisting new traders on their journey to Forex trading success. Technical Analysis is her passion. The charts speak, and she listens. To Trade Live with Sophia Join Winners Edge Trading Premium Services.
The most profitable Forex trading strategy that I have at my disposal works like a charm on any account size. Regardless of whether you are a scalper, or a swing trader, you will be able to benefit from it. This strategy is called ‘Stand Aside’. This trading strategy works best in messy, non-directional markets. Without meaning to sound flippant, I can say without a doubt, that it is the most absolute, surefire way to guarantee against losing money while trading. On a day like today, I tend to apply this strategy a lot, and I consider it an essential trading survival skill.
I have learnt the hard way that trying to force a trade when there are no solid trade setups is very risky, and is the quickest way to lose an account. The charts appear to be filled with mixed signals at the moment. This is a great time to catch up on some reading you have been meaning to get done, or just about anything else, except trading. Still, if you have that itch, and you must trade, try doing it on a practice account instead of a live one. If you happen to find a good setup please trade in appropriate position sizes during this light liquidity period.
The markets offer plenty of trade opportunities most of the time, so it really is pointless trying to force-trade when the markets are resting. A good trader knows when to stand aside.
Have a great weekend, everyone, and thank you for reading these articles. I’ll see you all next week. In the meantime try to relax and do something fun 
Reading material to consider:
Forex Crunch: Forex Daily Outlook- June 18, 2010
The GeekKnows- Daily commentary on eurusd
One free trading tool I recommend is Currensee . It can be a useful tool to be able to see how other professional traders are doing.
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Thanks Sophia for your articles, it really help a newbie like me
Enjoy your weekend!
You're welcome, FXbugs
Thank you for reading. I hope you have a fabulous weekend 
hi Sophia: Thanks for the article.It's right on time !!!!
have a good weekend.
Cheers!
Karthik
Thanks Sophia, sound advice – suggest you keep reminding us on days like this.
Thank you Ealerts. You're welcome. Have a great weekend, yourself
Thanks, Helen. I'm glad you found it useful
thank you sophia for your really good and useful articles, tkank you for your helping to someone like me ;p have a good weekend.
Hesam
You're welcome,Hesam. I'm happy that I am able to help
Thanks, and have a great weekend yourself 
boy …i wish i stood aside the times i needed to..its refreshing to hear that its advisable..i have been unconsciously trained to trade every minute..thanks for the enlightenment..that its good to just stand aside and see..
Hi Kebaya. We all have those times when we should have stood aside
I'm glad you found the article useful.You're welcome, and thank you for the comment 
Like the Great J. Livermore said, “The big is made by the sitting – the waiting – not the thinking.” Like you say, there are times when the best thing to do is to wait on the sidelines for the market to shape itself, and allow you to build up positions to enter when the opportunity comes knocking. Patience, patience, patience is the key!
“Time is not money. Time is time, money is money.” J.L.
Beautifully put, Helder. thank you