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Forex like casino
Of course there is a legitimate market for foreign exchange.
If you are to become a successful trader you have to concentrate all your energy into the one trading method and master.
The trader will then try a new system out for a week and at the first sign of the system making a loss, they will dump it and move to the next indicator or special black box that this time will make them rich!And they do use marketing methods similar to casino vinaigrette poke bowl thon sites.Treat Your Trading Like a Casino.As explained above losing trades and losing streaks are going to happen.First gain your statistical edge over the market.Learn to Trade Price Action and Commit to it!Whilst you may have losing streaks, if you have a winning edge you will come out in front overall over many trades.
This is the same way you need to approach and think about your trading.The announcement did not send price down!The casino does not get panicked if a gambler wins 10 hands in a row because they realise over many hands it is them who will come out with a profit.Many traders think this way because they fail to understand correctly how the markets move and what makes the markets go up and down.We can never know which trades will work out, and which trades will lose because we have no idea what all the other traders are doing.For a company casino de fecamp 76 that has costs in EUR and revenues in USD.
News and fundamentals do not make the price move up or down, but they do have the power to change the minds of the traders who do move the market.
I can see their brain ticking over thinking to themselves just because he hasnt found the 100 correct system doesnt mean that I wont!
For 95 of people, forex trading is gambling.