In FX, for now sticking with a trend-following approach makes it easier to survive

Those who try to make a living in actual FX with the mindset of “I will earn money”

can make money in the short term, but

they cannot make money in the long term

they end up failing more often

This is because

they prioritize profits above all else

What actually needs to be learned is

the mechanics of the market, not a way to profit from the market

In the mechanics of the market

you can make a killing in the short term in a range market

but in the long term you can make a killing in a trend market

which means the profits from a range market are essentially burned away

So, unlike stable earnings

you end up losing steadily

This is something very many traders experience

However, the situations traders have witnessed

are that they could profit daily,

so in reality, there are many who simply cannot give up

Indeed, in the short term it can be very tasty

I too used to favor the tasty contrarian trades

but in the long run you cannot profit in the market unless you look at the bigger picture

Contrarian trading is ultimately suited for those who have skill and talent

Most traders would actually be better off with trend following trading

By trading with a long-term view in a trend-following approach

you can break the chains

If you mistake familiarity for stability and keep losing with contrarian trading

you should switch to the steady, growth-friendly trend-following trading

※ For those who want to keep earning in FX, go here ↓