Before this I've lost much in forex. I've tried a lot of strategies which I got from forex tutorial site but still I failed. The main reason, I think because of greed. Of course, when you first trade , you will try to play safe, but after a few winning trade, you feel that you can make much more if.... (here comes the greed) .. you bet big and often. I have a few friends who is into forex for a long time. At first, they really make money but in the end, they still suffer loss.
My strategy is simple. Most of the time I just guess where to buy or sell. I'll explain more about my strategy in the next post.