I'd like to use this thread to discuss some trading myths and forex maths/statistics that will destroy some concepts that "the gurus" preach day in and day out. Please discuss these myths here with us and back up your words with evidence.

The two topics I willl start with are

The two topics I willl start with are

- the myth of risk:reward ratios and
- trading with moving averages.

Happy discussion!

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Trading myths:

- The myth of risk:reward ratios
- Further myths (VEEFX)
- Every indicator is unique: Use multiple indicators to complement with each other

FX math:

General view:

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