Reversing bottom-dipping on FX can be profitable once you master the technique; following the trend and trading in the direction of the trend can be profitable once you get used to it, even without acquiring any specific skills.
Contrarian martingale profits daily, but
in reality, while you profit daily, there comes a time when losses become infinitely large
that is the trend market
if you can't cut losses when this trend market arrives, you will end up losing more and more as you keep doing contrarian martingale
Many Japanese traders are swindled by brokers in FX because
there is this kind of mechanism
In reality, people are lured by the daily profitable trading style called contrarian martingale
and eventually lose in the trend market, being pushed to become the broker's nutrient
We need to change traders' sense of purpose
What was the reason you wanted to become a trader?
Was it to know a dream-like trading method that could grab the top and bottom?
Was it to be drained as nourishment by brokers?
Was it to profit steadily every day?
Each reason should be different
The true purpose should have been to “increase wealth”
In reality, stability comes from “increasing wealth” itself
That ability to increase wealth is a trading strategy called trend following
Trend following means going with the trend in a trending market
Of course, you won’t profit unless you get used to it
To get used to it, you don’t need any special techniques
It’s about the exchange between technicals and psychology
But it’s simply the most objective, non-discretionary form of discretionary trading you engage in
In reality, surviving in FX is most logical with trend-following
Understanding the importance of switching to trend-following will give you the know-how to survive in FX
※For those who want to keep earning in FX, go here↓
× ![]()
