Proportional Trading

All of the books on Forex state that the only possible way to find some profitable solutions here is to study charts and indicators, that stop loss is a vital necessity, etc.
I want to show you that it is not exactly correct... No charts, no indicators, no stop loss, no analysis - nothing. Just staying proportional like in all other everyday situations is enough for earning good consistent profits.
Any ordinary trader can do it.

Sub.....go ahead,will follow

Nowadays, the old, good and clear to everyone "buy low and sell high" has been replaced with a modern "risk management". Sounds like something sophisticated and scientific. Unfortunately, lots of us, when starting our careers in currency trading, discover that we are not scientists by nature...
Turning our minds back to traditional "buy low and sell high" is one of the ways to trade with consistent profits.
In other words, we should look for historical lows to go long/highs to go short so that we could see clearly the proportion between the implied risk and the account balance.
For example, a trader's account balance is 500 USD. Can he trade safely EUR/USD if it is now 3,200 USD to its high and
5,000 USD to the low? No, unless he places a SL, which is a real problem for many.
In the above example, we can also see the moving capacity of EUR/USD pair (3,200 + 5,000) = 8,200 USD.
Another example: a trader's account balance is 500 USD, the moving capacity of a trade-to-be is 400 USD, it is 30 USD
to its historical low - everybody can see that there is no danger to the account... Just open and wait... The trade is bound
to give profit after some time.