Trading Outside Well-Known Currency Pairs Trading the Canadian Dollar in 2005 against the US Dollar

Trading Strategies

by
The aim of making money is not a trading strategy. A strategy is your map for how you plan to make money. Your strategy details the approach you are going to take, which currencies you are going to trade and how you will manage your risk. Without a strategy, you may become one of the 90% of new traders that lose their money.
Source: http://ezinearticles.com/?Forex-Trading-Tips&id=113582