The reason why FX is better to follow only the trend and the reason you can keep earning profits by never considering contrarian trading at all
Being trend-following yields more profit
In the end, profits are generated
And when profits are bigger than losses, you’ll survive in the end
The market
Should be considered with a strategy to endure
It’s better to think with a survival strategy rather than a profit-focused one
Counter-trend trading cannot survive
With a contrarian mindset, you inevitably
Weak in trending markets
Because actual profitability comes from range-bound markets
The trend-following mindset is the same
In reality, profits come from trend markets only
However, for a contrarian-only mindset in ranges
Even if you make profits each time, when a trend market appears you won’t revert
In other words, you’ll end up taking losses at the end
Lose all the previous profits and incur losses
In the case of a trend-following mindset, it’s the opposite
Keep taking losses repeatedly
And in the end you’ll surely come out ahead
This is the correct survival strategy to endure
It’s better to hold only the survival strategy that yields profits in the end
※ For those who want to keep earning in FX, click here ↓
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