- Most people trade using indicators.
- Most people lose money trading Forex.
So are the indicators sucking us all in like sheep?
I have just returned to Forex trading after a break and I have been thinking more and more about this concept.
Many times I have been stopped out when the price hit my stop and within a few pips the price has reversed and gone rocketing in the opposite direction (without me)
I know I am not the only one that this happens to, so i can only assume that the indicators cause masses of people to do the same thing at the same time so a select few who know the secrets of this FOREX thingy can do the opposite action and make huge profits.
Has this ever happened to you?