No one can forecast the direction of a trend, its a paradox -
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thread: No one can forecast the direction of a trend, its a paradox

  1. #21
    Junior Member pknino_mdc's Avatar
    22
    quote Hello Liun, It's about finding a pair of principles that are easy to follow and repeatable. Provided that you make no mistakes after your set of simple rules you will triumph, but you will have Losing Trades image
    In my experience, each egy will lose money in the long run. We might make money for a while playing a certain egy and the market takes another pattern and the egy starts losing money until we give up all our gains lose a while, because for many traders combined it's a negative sum game. It's a zero sum game only once you take into account entities who make money of FX like brokers and such.

  2. #22
    expsito
    Guest
    THE TURN OF AN END OF A TREND IS the main Difficulty of paradox I Believe. image
    There is not any particular rule of trading, yes sometimes it is really difficult to discover market trend but expert traders are trading with a healthy percentage! By the way I recognize the market tendency according to my technical and news trading understanding.

  3. #23
    Member niko's Avatar
    56
    You dont want a tendency. . Stop chasing the of it

  4. #24
    You dont need a tendency to generate money. . Quit chasing the exact start/finish of it
    Would you please explain how you mean ? A trend is a motion of different degrees. What is your defenition and just how do you think here ?

    Best regards

  5. #25
    Member niko's Avatar
    56
    quote Could you please clarify how you mean ? A tendency is a motion of distinct levels. What is your defenition and just how do you think here ? Best regards
    nicely, of course you need a transfer in your way to close the trade in optimistic, BUT what a I meant was that people in general are fixed on getting on the tendency right in the first pip before very last one (wich might be amazing but not gona happen in actual live trading)

    you just need an impulse on your leadership, thats all; its better to to close in positive and leave pips on the table (wich you NEVER likely to know just how much could be) than pursuing up to the previous pip and trying to generate a lot of cash, 1:X risk reward (lol thats a funny notion) etc ). .

  6. #26
    quote well, of course you need a move in your direction to close the trade in positive, BUT what a I meant was that people in general are fixed on getting on the trend right from the first pip before very last one (wich might be amazing although not gona happen in actual live trading) you want an impulse on your direction, thats all; its best to to close in positive and depart pips on the table (wich you NEVER likely to understand just how much may be) than chasing to the last pip and trying to make a lot of money, 1:X risk reward (lol thats...
    If I understand you right you're more for carrying what the market is lending rather than putting down hard goals ? And stops about exactly the same you head from the trade when you think that your first impression of the trade are not any longer, rather than a hard stoploss ?

    ps. If you discover time I sent you a few pm.

    Best regards

  7. #27
    Junior Member Sanchwz1962's Avatar
    23
    What is the purpose of this thread? To ramble on about something that has been uttered millions of times here today?

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