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Copying losing strategy in reverse

  • #21
  • Aug 24, 2017 8:50am Aug 24, 2017 8:50am
Quoting Butterscotch
Making a strategy from Losing strategy?? Reverse Losing strategy? How it can be correct and give you profitable result?
The logic is that the opposite of wrong is right, but I am not sure how applicable that is in a Forex trading situation.
  • #22
  • Sep 1, 2017 10:45am Sep 1, 2017 10:45am
Quoting mlawson71
{quote} I am not sure I understand your point, if a losing strategy is not based on incorrect analysis, what is it then based on?
I think it is a typo he means losing strategy is based on incorrect analysis.
  • #23
  • Sep 2, 2017 6:21am Sep 2, 2017 6:21am
Quoting GeorgeBaile
{quote} I got your point, but I don’t think avoiding is a good practice! New traders need to study more on reverse trading, it’s a challenging setup but not impossible!
Avoiding is not a good practice, I admit it. But sometimes you have to avoid some trading habit for avoiding loss. It’s a part of trading.
  • #24
  • Last Post: Sep 2, 2017 8:30am Sep 2, 2017 8:30am
Actually studying losing strategies rather than automatically doing the reverse makes more sense to me. It can help you figure out what went wrong so you don't repeat that mistake when you trade.
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