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Originally Posted by Dr. Zogg
Mick,
Asia. Mosquito hitting a broad leaf in Africa...
There will always be something that catches the doomed over leveraged souls....
fx, what kind of logic is that? If it works 99% of the time of course we must trade it. But it doesn't work 99% of the time. That strategy has 0% chance from day one.
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it work 99% of time but this remaining 1% can burn all you have gained if you do not use filters. The fitlers are as described above, hence trade only on news release move and stop trading after 3 attempts withought success. The 99% ratio will make you winner with this approach.
I think I have made it clearer and more acceptable and riskworthy
Haven't I?