There are quite a few people whose continued losses are due to contrarian averaging down
The trend market itself
has a characteristic flaw in that it does not occur in long-lasting trends
so in the end everyone returns to counter-trend averaging-in
The counter-trend averaging-in strategy itself is highly cost-effective, though
if you can’t cut losses in a trending market
that cost-effectiveness becomes a lie
in short, it risks becoming a theoretical illusion
unless you properly elevate (address) that risk
counter-trend averaging-in becomes a factor of losing
that’s all that appears in the trading ranking
FX ultimately remains trend-dominated
this will never change
whether in automated trading or system trading
even if you try to make counter-trend a stable strategy
it will somewhere undergo curve-fitting
it is by no means stable
what appears stably is precisely a trending market
a range market is noise before the trend market
and markets are far noisier than trending
on top of that, using counter-trend averaging-in most appropriately is the proper way to handle this
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