Wednesday, January 23, 2008
at
2:19 AM
|
Many forex traders think that prices move to a scientific theory and that they have to predict to win at forex trading but this is one of the biggest trading myths and will ensure you lose. Read on and find out why and learn a better way to guarantee currency trading success.
There are lots of scientific theories and many are based around the Fibonacci number sequence (which was actually devised to solve a problem to do with the copulation of rabbits in the 12th century) this is not to insult Fibonacci who was a brilliant thinker - but even he would be surprised at how his theory has been hijacked by the far out investment community.
Finally we have Gann and natural law - well if he knew how the markets moved why did he lose all his money and have to sell courses to make a living?
There are lots of scientific theories and many are based around the Fibonacci number sequence (which was actually devised to solve a problem to do with the copulation of rabbits in the 12th century) this is not to insult Fibonacci who was a brilliant thinker - but even he would be surprised at how his theory has been hijacked by the far out investment community.
Finally we have Gann and natural law - well if he knew how the markets moved why did he lose all his money and have to sell courses to make a living?
The good news is that human nature is constant and you can spot repetitive price patterns that can be traded for profit. You won't win every trade - but if you trade the right set ups and execute your trading signal at the right time, you can win longer term.
Forex trading is simply a game of odds but that doesn't mean you can't win - you can and the rewards can be huge.
Trade The Reality and The Odds
Posted by
ramana
0 comments:
Post a Comment