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Statistics; The Only Way To Succeed In FOREX by edujoy(m): 7:17am On Oct 09, 2012 |
Forex trading is almost like a wild goose chase (especially for newbies). Almost everything seems to work and at the same time, almost everything seems not to work. For six years I have been searching for that Holy Grail; that indicator that will show me where price is going and BANG! will always be right. That strategy that will give me a trigger even before the move happens. Did I find one? NO! NO!! NO!!! I only learnt a big lesson from all of this; STATISTICS is the only thing that works in FOREX. So stop searching for the Holy Grail, you will definitely not find any. Just make use of statistics; it’s the only sure way to success in this FOREX business. Look for a very simple strategy that wins more than it losses. |
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