FX has a high potential to break the rules
FX has a high element of rule-breaking
Therefore, you should only trade in ways that do not break the rules
Therefore
it comes down to waiting for the right time or following breakout/trend in the direction of the move
The market is
no matter what your position is thinking
it just moves
you simply trade appropriately for that move
and what you should do is low-risk, high-return
FX is not about timing the trade
you simply place buys and sells in the direction the market moves
so reserve trades can be more profitable
you should set a low-risk, high-return as the initial default
usually, trading frequency increases, so timing is emphasized
but ultimately, if you are properly aligned with the market movement, one trade per day is usually enough
even when you have a stop loss in place
the reason is that you end up averaging down
you are averaging down
principle: only once
mean-reversion is for range trading only
the basic style is trend-following
otherwise you will end up averaging down in contrarian trades
you won’t increase the capital unless you improve turnover
you need to rotate to increase capital
it's better to close a trade quickly in one go — saving time
if you aim from the head
the number of losses will become similar to the torso
when targeting from the head in contrarian trading
when you lose, it goes to the torso
whether you target from the initial move
or target from midway
it's only that
the content is the same, so simply entering many times is not the solution
assuming head, torso, and tail
Low = head
Middle = head and torso
High = head to tail
and if so
the middle return has the best chance of profit
in reality, even if you aim at the initial move, you may not reach the tail
so it’s about low-risk, middle to high return
the important thing is
ease of turnover, the ability to recover losses, and the meaning of increases and decreases