Range trading has a high element of luck; profits are also luck, and losses are luck
For range trading
As an added value, a range break tends to accompany it
This is
There are people who trade in ranges
The more frequently they succeed or the more times they come back
the stronger the counter-movement expected to continue when a trend once appears
If a trend market occurs at this time
it will start moving in the trend for one or two weeks
It will move in a way that is drawn by the higher time frame, “forming a flag on the chart while” moving
Such elements are a matter of luck
In the end, if the market that returns, i.e., a averaging down market, continues, a trend will appear!
This is not a simplistic idea
Although such moments are observed frequently
Most of those moments result in the trend continuing as a matter of luck
To put it more precisely,
they determine whether the market will revert or advance
Therefore, FX and market-related activities have a largely poker-like nature
Even if you change strategies, such poker-like characteristics remain
If you don’t cultivate skills to cleverly control that element of luck, you cannot keep increasing
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