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I wouldn't, but I do, I open a position and place stops and takeovers, and that's it - I wait. If the price freezes and does not want to move, then I close the position, in rare cases, I place Breakeven, but it is clearly not a percentage of the deposit, one transaction does not always result in even a 1% increase.
On the stock exchange, you can also use your hands. With various software add-ons, like shoot-and-forget. Then there is automatic support.
For Forex, you need a full automaton.
greed and the hope of easy money. And it isn't.
Fear and greed. Ridiculous. More like a misunderstanding of the process.
What money? It's all numbers in front of my eyes.)
Which box do you think you should put the chips on?
An ordinary trader in the Forex industry is just a gambler, except for those traders, who 100% guarantee knows where the market will move.
This industry is based on the use of human cognitive disorders (use of distortion of perception).
In this case perception distortion consists in mistaken belief of a person that sequence of profitable and loss-making trades under certain condition may eventually bring profit and that any business is built that way. The reason of distorted perception and many wasted years of life is a person's unwillingness to understand that in real business a bad deal does not carry risks (losses) as it happens in trading. In real business, if you fail to interest a customer and sell your product, you do not lose some of its value, but simply wait for the next customer to try to sell it again.
The Forex industry is a gaming industry. Only dealing centres do business there.
An ordinary trader in the Forex industry is just a gambler, except for those traders who are 100% sure that they know where the market will move.
I never knew, or even wanted to know, where, why and how the market would move.) Maybe that's what saved me)).
You don't need to know where the market is going to go in order to make money. Here we use the theory of probability, and the management of MM gives us the opportunity to make money. Everything is very simple, and the simpler, the better. Von Yusuf is complicating things and only in the tester was he able to make 10% a year.
You don't need to know where the market is going to go in order to make money. Here we use the theory of probability, and the management of MM gives us the opportunity to make money. Everything is very simple, and the simpler, the better. Von Yusuf is complicating things and only in the tester and was able to make 10% a year.
Forex - work or play? What do you think, colleagues ? )
It's not a job or a game, it's cheating.