Making money on forex is impossible - page 45
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The thing is, it seems to me that if there are no fish there will be no fish with profitable systems. or am I wrong?
profitable systems are not profitable because they have perfect entries and exits or infallible market prediction, they are profitable because they know how to get out of uncomfortable and unprofitable positions, i.e. the control module is much more important than the "direction detector" module.
It is not possible to simply reverse an unprofitable system so that a buy becomes a sell and vice versa, in the hope that it becomes profitable.
Profitable systems are not profitable because they have perfect entries/exits or infallible market prediction, they are profitable because they know how to get out of uncomfortable and unprofitable positions, i.e. the control module is much more important than the "direction detector" module.
It is not possible to simply reverse an unprofitable system so that a buy becomes a sell and vice versa, in the hope that it becomes profitable.
If you don't mind, please tell me what the management module means to you. you may give examples. I learn faster with examples.
Please tell me what the control module means to you. examples are possible. I learn faster with examples.
It's simple: you have to get a statistical advantage. If you succeed, then the funds in the account will start to stay rather than go down (like when you lose the spread).
It's simple: you have to get a statistical advantage. If you succeed, the funds in the account will start to stay rather than go down (as in a spread drain).
Turns out "it's simple" (???)
;))))
Turns out "it's simple" (???)
;))))
Naturally: buy cheap, sell expensive.
What's so complicated about it?
But "the devil sits in the nuances" :)
If there was any recipe, then this business would be bankrupt!
I was referring to systems that lose faster than the spread. I keep trying to find a losing system to turn it into a profitable one, but it's not working yet.
Naturally: buy cheap, sell expensive.
What's so hard about it?
It's a plum principle.
but buying expensive and selling cheap is profitable ))))
Would you like me to sell you one? 5 pips per trade will lose on average.