The basics of the market are built on a trending market; if it does not form, a range market occurs.
To be honest, there is no real range-bound market
What is commonly referred to as the actual market is a "trending market"
A range market is the "noise" that occurs when a trending market cannot be established
However, since noise markets occur frequently,
they have come to be called range markets
Trending market and range market
What applies to both is
that profits can be made by trading in one direction
In other words, this boils down to
choosing whether to use a "trend-following trade" or a "mean-reversion trade"
What is actually needed is this discernment
Although a universal trading strategy appears ideal at first glance
you would be wise to treat it as only an "idealist notion"
When actually trading
please choose either trend-following or mean-reversion
And what is called the market is a "trending market" and not a "range market"
When a trending market emerges, the trend-following strategy will keep producing profits
In the concept of steady gains followed by sharp losses, losses can balloon
but at the same time, profits can swell when gains occur
With that kind of mindset,
your mental state will naturally rise and be strengthened
Practice makes perfect
By continually getting used to trend-following trading
you will be able to perform more capital-efficient trading
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