Reasons Why It's Hard to Win (2)【Trend Rider】
This time I have decided to sell methods and indicators on GogoJun.
My name is Fuwa-fuwan @ Trader.
Well, today I would like to talk a little about why it’s hard to win.
There are multiple reasons why it’s hard to win, but the biggest is surely how your forecast compared to what actually happened.
In last night’s analysis stage, I thought the U.S. dollar would be sold; today I thought the GBP would be bought, and even if I entered with one position selling USD last night and buying GBP today,
the profit can be realized only if “your forecast is completely correct.”
Would it be easy for a beginner to focus on just one currency pair and “completely hit the forecast”?
I’ll skip repeating today’s morning post, but is it really possible for a beginner to “completely hit the forecast”?
Looking at just one currency pair, is it possible to reap the expected profit?
Those situations require abundant experience and judgment. (Statistics show numbers, but I’ll omit them.)
When you enter with multiple positions,
you may be able to realize the expected profit in a state where you are “almost right” that the currency XX will be sold (or bought).
It might be good to keep that in mind.
The image shows USD index and GBP index with a similar ratio of USD selling and GBP buying.
Using these might significantly improve your win rate and help you achieve the expected profit.
Although not related to this entry, entering in a way that offsets the risk between currency pairs can be a risk-averse approach,
and there are many methods in the world that can ensure stable profits.
I would be happy if you could take an interest in various methods at least once.
Introduction to “Trend Rider”
Dear beginner traders, do you have these concerns?
- Prices reverse at the moment of entry
- Prices rebound right after you cut losses
To solve these problems, “Trend Rider,” a trend-following specialized indicator, was developed.
So, what exactly does “trend-following specialization” base itself on?
“Trend Rider” specializes in accurately capturing market trends and is a powerful support tool that optimizes entry timing.
If you are interested in diversified investing, this is also recommended.
This is a method aimed at achieving stable trading while holding multiple positions —【CrossCurrency Pro】.
It is a simplified method of trading used by professional traders, so you can aim for stable profits!
Details for quick profit-taking can be found here ↓
For those seeking stable income, here ↓