To make money in FX, you must drill the concept of capital increase into yourself; if you do, making money in FX becomes possible as much as you want
There is no trading method in FX that guarantees profit
However, there are trading methods that can maximize your gains in FX as much as possible
Because most FX traders always lose
Many traders use the trading method of averaging down against the trend
Then would "trend-following pyramid" make you win?
The answer is somewhat ambiguous
Ultimately, that alone will lead to more losses
Why is that? Even though you should be following the trend,
mentally you are operating under the concept of "averaging down against the trend"
So even if you imitate trend-following pyramiding, you won’t do well and you’ll tend to lose
To continue making profits in FX, you need the interpretation that you are increasing your capital
In other words, it’s a concept different from simply making money
To profit from trend-following
You would be doing the opposite of the FX traders who win every day with contrarian trading
At first glance, you might say you’re setting up a losing scenario,
but in reality you are trading with a single focus on the final trend price line
That’s because you are doing it to increase capital
If you fully understand this mechanism of capital increase
When a trend emerges, you can almost certainly profit and grow your capital
A trend-following strategy that combines technicals and mindset is the ultimate legendary trading method in FX
※ If you want to keep earning in FX, click here ↓
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