What you have control of in the Forex Market

Discussion in 'For novice traders' started by Francmorio, Jun 29, 2019.

  1. Francmorio

    Francmorio Member

    Guys, don't be carried away by people who say your their strategies are more than 50% accurate. The truth is, there's only 50% chance that if you enter a trade, with any strategy, it will go your way. There's only 50 % chance. This brings us to what you can control in the forex market..
    1. The amount of money you're risking in a trade.
    2. When entering a trade.
    3. When exiting a trade.

    These are the only thing to focus on in the forex market!
     
  2. Tengkorakfx

    Tengkorakfx Member

    Since there are only up and down of the price movements, better start looking for a trading system that has more than 1:1 risk reward ratio. Cuz one can profit from the market even got more losses than winning trades.
     

Share This Page