The Truth About Forex Trading.
Everything is against you.Not one single indicator works in the market.Because they were made so you can lose money.The Market is controlled and manipulated by Market Makers.
They dont care wich option you choose to sell or buy,he's gonna stop you anyway,in both cases.All they care about is you,as you provide liqyudity in the market.
Can you make money in this situation?
Sure.If only understand how it works.And it works like this-when ecerybody buys you sell,and vice versa.Otherwise who will pay you?Dont you think so?
The brokers missguided you so you can lose.
They tell you use money management.Think for a second.If you lose today 1% ,and tomorow again 1% you still lose,who cares fast or slow.
Can you predict 100% market moves?Sure.
You must be able to see on chart when everybody is buying and selling ,and go against them.
Think about it,how many times the market hit your limit orders and then goes opposite.You know why?cause he knows exactly where those orders are.
Another lie is risk to reward.How foes that work?are you naive?do you know that all markets move only in one scenario"if there are stop losses,or traders with negative P&L,so called "trapped traders".You put take profit at 200 pips,have you ever ask yourself why does the market have to move 200 pips if everybody bought and their stop loss is at 50 pips?Do you know what happens next after market hits stop losses?it just stopps,there is no reason to go higher or lower,why?if there are no money to be taken.
You must know where are majority and profit only where their stop loss are and close position.
You must see on chart what majority do now and where are their stop losses.
Everything is against you.Not one single indicator works in the market.Because they were made so you can lose money.The Market is controlled and manipulated by Market Makers.
They dont care wich option you choose to sell or buy,he's gonna stop you anyway,in both cases.All they care about is you,as you provide liqyudity in the market.
Can you make money in this situation?
Sure.If only understand how it works.And it works like this-when ecerybody buys you sell,and vice versa.Otherwise who will pay you?Dont you think so?
The brokers missguided you so you can lose.
They tell you use money management.Think for a second.If you lose today 1% ,and tomorow again 1% you still lose,who cares fast or slow.
Can you predict 100% market moves?Sure.
You must be able to see on chart when everybody is buying and selling ,and go against them.
Think about it,how many times the market hit your limit orders and then goes opposite.You know why?cause he knows exactly where those orders are.
Another lie is risk to reward.How foes that work?are you naive?do you know that all markets move only in one scenario"if there are stop losses,or traders with negative P&L,so called "trapped traders".You put take profit at 200 pips,have you ever ask yourself why does the market have to move 200 pips if everybody bought and their stop loss is at 50 pips?Do you know what happens next after market hits stop losses?it just stopps,there is no reason to go higher or lower,why?if there are no money to be taken.
You must know where are majority and profit only where their stop loss are and close position.
You must see on chart what majority do now and where are their stop losses.
You not read thread, not know the elephant story?
Only 2 thingy needed.