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successful forex trading with all the odds in your favour is
Sure, Forex trading is a complete gamble and very much like gambling. What's worse is that the odds are stacked very much against you. Regarding Forex trading as a gambling activity is a very healthy way of looking at the Forex Market. The Forex market is very random -- especially in the short term.
What stacks the odds against you are factors like.
The brokers cut -- no matter what size transaction you normally trade the brokers cut stacks to odds heavily in your favour.
Geared accounts cause traders to go for minute movements in the market -- a sure way or staking the odds against you
Lack of information -- The retail trader has no visibility of order volumes and true volume flow
Forex trader education -- Focused of technical analysis, teaches small stops, focus on system compliance and discipline
The Forex trader -- incorrectly and poorly educated, believes that technical analysis is forex trading, has 100 of psychological issues, greedy, lazy, impatient, focused on inappropriate activities, etc.
The Forex market -- marketers have realised that the only thing that sells is sensation and raised expectations -- There is a lot of marginal products out there.
These are the main ones. The average Forex trader has no chance whatsoever.
So -- is there hope?
I have been where you are and I know there is hope. Here's what I suggest.
Don't go near a computer for a while. Take yourself off to a coffee s............Read More detail
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