Admin of the "Nigeria Cashback Forex" group — no need to say thanks.
Admin of the "Nigeria Cashback Forex" group — no need to say thanks.
The only thing that really worked for me is to have a correct capital management. Sometimes you can nail all the analyses and keep losing, because the market does what it wants. The important thing is to protect profits and cut losses without mercy. Greed and fear: the perfect recipe for failure.
Yes, the price action works, but only if you understand what causes it and how to take advantage of it. But even that’s not the secret sauce. What really matters is how you respond to market conditions. No matter what method you use if you don’t know how to analyze your results, follow a plan and understand why you failed or were right. The problem isn’t the market, it’s you.
Do your own research. Don’t blindly trust what people say, try everything you read for yourself. You can learn a fishing technique, but if you don’t practice, you’re never going to be a fisherman. And yes, the information you’re looking for is all over this forum. Nothing works 100%, but that doesn’t mean anything works. Big difference.
Even a simple mobile average works if you know how to exploit it. Hope is a junk emotion that only makes you lose money. - PETER LYNCH
BAHHAHA what a funny thread. Delete it now please, it looks like a joke of bad taste.
I'm with you. This thread seems to be made to laugh at others. I'm sure the creator opened it just to entertain himself by seeing the answers.
The question what really works? is very good, even if it doesn’t seem so. It’s the kind of doubt that everyone has but few dare to pose without seeming lost.
Everything works... but only if you apply it with discipline. Minimum risk/benefit ratio 1:1, move your stop to break even to reach 50% of the target, and most importantly: don't deviate from the plan.
The thread author is smart enough to attract people and then sell them his system. Hope is an emotion that costs you money, don’t forget.
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