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| Re: how to beat the forex market Hi , You have all this info on forex but not how to trade. thanks anyway |
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| Re: how to beat the forex market Quote:
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| how to beat forex market, I hope this will help 1. Eliminate the necessity of making market predictions by replacing them with a strict systematic approach in an otherwise discrete trading environment 2. Identify statistically significant trends and chart those trends to estimate directional probability of the next market movement 3. Detect signs of a false trend line break that, in reality, could be confirmation of an ongoing trend continuation 4. Choose currency pairs based primarily on their liquidity, activity, and average amplitude of fluctuations 5. Select money management principles based on situations, trade systems, and current market conditions 6. Understand, and profit from, the observed behavior of banks and other financial institutions that drive Forex price movements |
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| Its best to just improve your strategies and trade along with others. One thing I learned for the past couple of years is never to try to beat the system, you will just end up in a bad situation and is not worth it. |
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I am a newbie trying to study forex further for my own good so that I will be sure of all the dscisions that I am going to make as afar as forex trading is concerned.Thank you very much for this wonderful info. |
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I've am still ont the studying process before I actually trade live accounts.I have read about jgerousis' advises here in this forum.You contradicted everything he said. Do you know him personally that long? Is there something that happened between you and him ? You both seem to not like each other.I'm sure other newbies are confused too.Please enlighten us. Thanks ! |
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These two guys ( MickMason and jgerousis ) what are they up to? They have been trying to contradict each other's statement.Why don't they just see each other in the boxing ring instead, don't you think? LOL |
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| Same Song Differant Tune x If I may, One may consider the value of the arguements. Either side represents conditions of statistic fact. The concept of statistical fact is often over-looked. Statistics alone, means probability, and it also means more than one correct and incorrect answer per statement determinate upon the statistical resource investigated. This can be viewed as both right and both wrong or a combination of each still covered in a resultant of statistical probabilities. When reading contrasting and sometimes conflicting information view it as a test for yourself to challenge on (your screen) understanding, it could be right and it could be wrong. Sometimes it works, sometimes it ..., well I am sure you are getting the idea... Accept it as educational material and value it accordingly. Understand its' premise and see if it applies to your own understandig of dynamics. Add ony that which is kind, true and necessary and provable by the reader in some context might be a differant approach to market analysis. I hope this helps, Rich x |
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Are you sure, you can beat the Forex market? |
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