After researching, I have found that more than 90% of retail traders lose their money in forex trading. Why does this happen? I have seen that most of them try to play safe following the so-called guidelines that more than 90% of retail traders follow.... and then... they fail.
Finally, I have found out that no indicator, no-one can predict the forex market correctly. What really matters in winning the market is not a prediction of trends, but the management of risks and the risk-taking mettle. I put this theory in the strategy tester, and win most of the time. You can also test this. Leave your comments, I will tell you where to test this strategy.
Finally, I have found out that no indicator, no-one can predict the forex market correctly. What really matters in winning the market is not a prediction of trends, but the management of risks and the risk-taking mettle. I put this theory in the strategy tester, and win most of the time. You can also test this. Leave your comments, I will tell you where to test this strategy.