1 in 1000 people can consistently win in human FX
Only 1 in 1000 people can consistently win in human FX
Do you know that market movements have changed drastically over the last 20 years?
In short, winning has become very difficult and the level of difficulty has increased dramatically.
Ten years ago, it was said that only 1 in 10 people could win in FX, but now it is estimated at 1 in 1000 based on independent research.
The factor has long been stated: the emergence of AI.
The current market is hypothesized to be AI of hedge funds vs. individual investors.
To beat AI, as I previously told you, human abilities can no longer conquer the market.
What has changed from 10 years ago, specifically.
1. Volatility has become more erratic.
2. Breakout strategies no longer work.
3. Technical analysis no longer works.
4. Price movement speed has increased by several tens of times.
In short, following textbook-level trading almost certainly leads to losses.
However, there are currency pairs that are exceptions.