In FX markets, you can grow profits and make money simply by following the trend rather than trading flexibly.
FX has had its level of difficulty raised many times
Many traders lament that it is difficult to maneuver in the current market
But I think this is because
we are trying to engage in “flexible trading”
In the FX market, it is such a flexible trading form
If you only focus on market intuition
you will end up unable to make profits
Unlike other markets, in the FX market
there are many times when the market suddenly changes
Therefore
it is much better to continue trading by choosing between counter-trend or trend-following rather than a universally applicable trading style for ranging and trending markets
At the same time, in the world of FX, trend markets are particularly favorable
Because ultimately many traders start averaging down after counter-trend moves
In the end, they can’t wait and end up starting such trades
By trading in the direction of the trend
it is much better to start a profit spiral in trading
Trend-following may feel uncomfortable at first because the steady small losses are bothersome
However, as you get used to it, you can profit by riding the trend every time it appears
As a result, you can see that profits from trend-following are very large
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