Most of the reasons for losing on FX are contrarian averaging trades, because it’s a trading method that will absolutely lose in the end
As long as a trending market appears
counter-trend averaging down is doomed to lose in the end
this is
when a trend appears due to counter-trend averaging down, if you can take a break or cut losses
that proves you are a trader who excels at counter-trend averaging down
the one thing I can say is
such traders who are good at counter-trend averaging down
are in the minority among those who trade counter-trend averaging down
the market will stay in a range
and move back, until a trend arrives
if a trend does not come
you could use counter-trend averaging down, but
eventually a trend will come
and a market will appear where counter-trend averaging down loses
In FX markets, counter-trend averaging down tends to end in a loss
※For those who want to keep earning in FX, go here ↓
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