The most accurate forex trading system does not exist. Way to many fx strategies exist for people to make profits consistently within the foreign exchange market. To pick out one and say this strategy is the best because of x y z is tough.
I know many articles and forums claim to have the holy grail strategy for forex trading however that can't be true or everyone would be doing it. The truth is their are different fx strategies that exist for different people. Good forex strategies exist for long term traders, short term, daily traders, folks who trade once in a while, price action, technical strategies, indicators, fundamental strategies and more. Many good strategies exist for the different types of trading styles as well.
How anyone can come up with the most accurate forex trading system is beyond me. The more strategies you learn the more you will be able to eliminate the mistakes and bad trades you might have made within the foreign exchange. First you have to determine what type of trader you are and figure out the best trading strategy that fits your personality and style. If your a long term trader a short term strategy will not work for you etc etc.
What many experienced traders will do is figure out their best trading strategy that fits their personality and master it. Once they master that strategy they might open up a new account with another broker and test out a new strategy and try an master that one the same way they mastered the first.
It is hard for any one person to master several different strategies. Mastering just 2 strategies takes a lot of hard work and is a tremendous accomplishment. When a person brings up the most accurate forex trading system it will be hard to trust their advice because it is impossible for them to have mastered every possible forex trading strategy out there. If they cannot master them all, how can they say this one or that one is the best.
The truth is many accurate forex trading systems exist. Just because you read about a strategy that has made someone successful does not mean you should copy it. One reason being their type of trading style may not fit yours. You will not know their entire thought process for selecting that particular currency pair for a particular time frame on the chart.
So when you go to research a particular trading style that you copied you might be missing some important information. When you execute a trading style you copied, most of the trades may end up losers even though it is a trading style that works for the person whom you copied, due to this lack of information.
This is not to discourage you from taking a class or learning from a person who may have programs and tutorials set up. This is how you would learn properly. I am more referring to Youtube videos, certain articles, and other resources that kind of share a snippet of their success but do not go into depth on how they set those trades up. Those small snippets also leave out their thought process and how to set up future trades.
The best forex trading advice comes from people who share what has made them successful. They have a proven track record of success and have a tremendous reputation throughout the fx industry.
I would share my trading style however I am just afraid of confusing someone. I am a short term trader who makes little profits with my trades and occasionally I go long with only a very small number of trades. I am even afraid to share that information because I do not want someone becoming a trader like me. I am just eager to share with people the way I learned and some of the resources that helped me become a successful forex trader today.