So darn easy forex movement review

In Most beginner traders are under the impression that the odds of winning are 5050, like its a casino card game. The close of the day, if youre a person who is risking your capital at the Forex Market, you only have One Question: What is a trading plan that operates efficiently. The answer to that question, my friends, is Price Action Trading, also referred to as TREND TRADING. Whether you intend to trade crypto, stocks, forex, or pretty much anything else, lots of trading concepts are useful for you across all assets. The characteristics of a robust and reliable trading strategy is one such so darn easy forex movement review thing that is important to learn no matter what market you are operating in, so darn easy forex movement review whether you are a discretionary or systematic, fundamental or technical trader.

So darn easy forex movement review Test.

In trading, there is a well-known relationship between the win-rate of a trading strategy and the reward:risk ratio.

Generally, the higher the win-rate, the lower the reward:risk ratio, and vice versa. (Not Clickbait) This is important to understand in order to avoid being fooled by people who present you with their “amazing” trading strategies. Oftentimes, these people will claim that their strategy have extremely high win-rates of 80-90%, but is that really what you should be looking for? I saw someone recently used the analogy of a Volvo profit pips hunter scalper ea vs.

Basically, it went like this: Tesla is a great car and feels wonderful to drive, plus it takes you to where you need to go in the shortest amount of time so darn easy forex movement review possible. But when something goes wrong and one of the parts fail, you’re screwed. The Tesla isn’t moving anymore, and you don’t even know which part failed, much less how to fix it. With the Volvo, however, you may not reach your so darn easy forex movement review destination that fast, but you know that you will eventually make it there, each and every time.

When the car stops, so darn easy the best ea for mt4 forex movement review you know that some googling and improvising is all you need to get mt4 trading panel it so darn easy forex movement review going again. Let’s say for example that your radiator is leaking. All you need is some tape to seal it temporarily so darn easy forex movement review until you can make your way to so darn easy forex movement review a shop. Now imagine the Tesla is a high win-rate strategy and the Volvo is a high reward:risk ratio strategy. With the high win-rate strategy, things go really well until it stops working. When something goes wrong, you risk having to so darn easy forex movement review pay back all your wins for one so darn easy forex movement review stupid mistake. On the other hand, the high reward:risk strategy will still make you money regardless of your occasional mistakes and lack of discipline. For example, a win-rate of 40% and a 3:1 so darn easy forex movement review reward:risk ratio gives you room to lower your win-rate by another 10% and still make a profit. Now that you so darn review easy know forex movement that high win-rate strategies have zero tolerance for error, you probably also understand why most experienced traders prefers to use strategies with a higher reward:risk ratio instead.

So darn easy forex movement review That in the accumulation.

This is also the reason why high win-rate, low reward:risk strategies are often used by robots and high frequency trading. Machines don’t make mistakes the same way as humans do, and they are therefore much better suited to trade with high win-rate strategies. So, when you are so darn easy forex movement review developing your trading strategy, or even just trying to best mt4 forex robot optimize your current strategy, focus on improving the reward:risk ratio of the strategy. Don’t try to boost the win-rate at the expense of the reward:risk ratio. It may look cool for people who are trying to sell their strategy to others, but it’s not very useful for real-world trading.

With a high reward:risk strategy, you know there is room for mistakes and unexpected events, which by the way do happen from time to time no matter how good you are.