Proof Complicated Theories Don ' t Work
30 years ago 95 % of traders lost and the same ratio lose today. This is despite all the advances we have seen in computer forecasting, computer power and new theories in the period - they haven ' t helped!
An Odds Based Market
In forex markets you have a market that moves on probabilities NOT certainties and while you can win, you need to forget complicated theories and keep it simple and see Forex trading as an odds game.
It ' s a fact that simple theories are more robust in terms of turning forex price movement into profit as there are fewer variables to break in the brutal ever changing world of forex trading.
When trading you have to accept that you are going to lose at times but if you continue to trade high odds set ups you will have more winners than losers and if you run your profits and cut your losses you will win overtime.
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