FX markets are influenced by long-term timeframes, so trend-following tends to be more effective for increasing results in the end
There are quite a few passive traders
Evidence of this is that there are many counter-trend traders
In reality, many traders end up
losing money because of it
When people from any profession start doing contrarian trading,
the number increases and then decreases again
Even among trend-following traders, some achieve break-even results,
but those traders aren’t expanding profits with trend-following for various reasons
Basically
If you adopt a strategy that increases profitability while lowering the win rate,
you’ll have a significant advantage in the FX market
This is even more true if it’s a trend-following method
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