FX Trading Operation Room | Episode 10: Why Can't We Win with Knowledge Alone [FX攻略.com Editorial Department]
From the perspective of publishing the only monthly FX information magazine in this country, the aim of this project is to extract common mistakes and frequent misconceptions that many traders tend to fall into and share them with everyone. This time, we would like to think about “professional know-how.”
【FX Trade Operations Room [FX攻略.com Editorial Department]】
・Episode 1: League Matches and Tournament Battles
・Episode 2: Before You Start Scalping
・Episode 3: Steps to FX Mastery
・Episode 4: Use Various Order Types Effectively
・Episode 5: About Searching for the Holy Grail of FX
・Episode 6: Technical Indicators Are Not Omnipotent
・Episode 7: Range Markets Are the Normal Mode in FX
・Episode 8: Are You Verifying Before Demo Trading?
・Episode 9: Do You Need a Lot of Screens for FX Trading?
Table of Contents
1. The Era When Know-How Is Readily Accessible
2. The Basic Stamina to Master Methods
3. You Are Chasing Methods Too Much
4. What Is Needed to Master Methods
The Era When Know-How Is Readily Accessible
In this era of overwhelming Internet proliferation, obtaining know-how has become extremely easy. After a few hours of searching, you can understand quite a bit of it, which is not uncommon.
A similar situation is occurring in the FX world. The ideas and mental approaches of skilled professional traders, as well as their trading methods, can be obtained for free or for a reasonable fee. Professional know-how is by no means inaccessible.
So, even though you can obtain proven professional methods, why haven't many top winning traders appeared? Unfortunately, it is not the case. There are various estimates, like 5% or 10%, but the truth is that only a very small fraction of people consistently profit in FX compared to the overall population.
Why is it that even though professional know-how is readily accessible, so few people can leverage it to earn?<\/p>
