Forex do the opposite

Forex do the opposite

5.  · I've tried trading the Forex market. 99% of the trades go the opposite of the trade I make. The odds are extreme if this is coincidence. The stock either goes up, down or sideways, but the moment I go into it, it goes in the opposite direction 4.  · It is always better to avoid the most traded instruments because the following volume transactions may be higher, but the same high volume will give you big loss in a short time if market behavior likely to go against the opposite direction. Please Don’t trade all the time, trade forex only at best trade setup 2. · Then the obvious comes to mind if 95% of traders lose money consistently, if we bet on the opposite trade of the herd we profit That would probably mean to do the very opposite of what books and gurus recommend, maybe sell at dips, buy at tops, go always counter trend, aim for large sl and short tp and other crazy ideas since when we follow these rules we apparently always lose money

Do the Opposite - Contrarian Thinking in Technical Analysis | FXOpen Forex Blog

But theory and practice often diverge, especially in the unpredictable world of trading. There is no one best way to be trading, as everyone responds differently to each trading approach. Some are trend trader and some reversal trader. I tried a lot of systems, spend alot of time and lost some money on diff. useless systems. I found my way after a lot of backtesting and stupid mistakes, forex do the opposite.

And there I make plus trades a day, which is enough for me. And then a use a boost system with tight stop loss, easy to get between pips a day on hours work. And then I use the techniques from your easy candlestick.

Special anchor candles and bullish shaven candles works out fine. Love your posts Chris, very refreshing! The cool thing about trading is that there is no way to avoid self development to succeed. Thanks a lot! Yes… exactly! If you work on living a better life, your trading improves… and if you work on improving your trading, your life improves. Hi Chris, love the lateral ideas that you put forex do the opposite, that make traders think and not be formuliac, forex do the opposite.

I have tried various methods, forex do the opposite, and find that taking a small profit on trades seems to get me the best results. It seems that the best way to a large gain is in very small steps and regularly. Also it seems that markets always turn around so with a large enough fund invested conservitevly you can ride an adverse movement out. And I have stopped listemnuig to advicebut just follow my own insticts, forex do the opposite. Advice seems to just cloud the issue.

Glad you like this post. Thanks for your most valuable lesson. The moment you let your mind influence your trading you lose. The currency market, being a zero sum market, has specific pip perfect price objectives to reach based upon the equilibrium shift.

We plot these objectives and then let the market run its course, forex do the opposite. When the losers can lose more than the winners gain brokerage fees asideit is not a zero sum game.

I have been teaching folks to trade Forex for over five years now leaving a trail of wealthy people behind. Zero sum aside, it is just a mute point, I am not sure what you disagree with. In the last 9 days trading I have made 69 trades, 12 losses and 56 wins for a return of We have to know a lot of stuff to be able to plot charts and I see very few so called professionals who can do it, not their fault they just had bad teachers and so the merry-go-round continues with bad teaching bad making things badder.

For examples forex do the opposite charts are just a gimmick, this is dark age stuff. Plot the chart, setup the trade and walk away. Thinking till the head hurts is not going to change the outcome at all. That was the reason I mentioned that the market is not zero sum. Also, without sounding too disagreeable I would have to say that I DO think that candlesticks can give reliable signals.

These are just some of my own observations. I am sure there are many other ways to be trading, much of which I am unacquainted with. The way I look at it, we should just stick with whatever works for us, as long as we understand why it does.

The candlesticks is where the Forex do the opposite OF FOREX IS. God bless you. You are a gift to our generation. Notify me of follow-up comments by email. Notify me of new posts by email. I mean sure, they make sense conceptually. Perhaps then, it is time to start questioning the validity of such conventional trading wisdom.

Instead of letting your profits run, try setting conservative profit targets. Instead of a risk-reward ratio oftry … or forex do the opposite less! If Your Tests Made Money If you end up making a profit from your tests, you could be on to something. Valuable lessons can be learned there. What could that mean? What does that suggest about your trading?

Again, some valuable insights can be gained here. Different Strokes For Different Folks There is no one best way to be trading, as everyone responds differently to each trading approach. March 11th, Philosophy 18 Comments.

Kristian Klastrup August 4, at pm - Reply. Keep in touch. Cheers Kris. Chris August 4, at pm - Reply. Georges August 4, at pm - Reply. Chris August 5, at am - Reply. Graham August 5, forex do the opposite, at am - Reply.

Advice seems to just cloud the issue keep up the good work. subrata chakraborty August 5, at pm - Reply. Chris August 6, at am - Reply. susanto August 13, at am - Reply. Hi Christ, Thanks for sharing. Chris August 14, at am - Reply. Alan September 24, at am - Reply.

This is not my blog site so it would be rude of me to explain more. Chris Forex do the opposite 24, at am - Reply. Alan September 25, at am - Reply. Hi Chris I have been teaching folks to trade Forex for over five years now leaving a trail of wealthy people behind. Chris September 25, at pm - Reply. Paul December 11, at pm - Reply. Chris December 12, at pm - Reply. Hey Forex do the opposite, glad you liked Candlesticks Made Easy and thanks for the support!

I am curious about the comments on your candlesticks, where do I find forex do the opposite on this subject? Chris Lee March 3, at pm - Reply. Leave A Comment Cancel reply Comment. Go to Top.

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Forex day trading: 5 mistakes to avoid

4.  · In the high leverage game of retail forex day trading, there are certain practices that can result in a complete loss of capital. There are five common mistakes that day traders can make in an 5.  · I've tried trading the Forex market. 99% of the trades go the opposite of the trade I make. The odds are extreme if this is coincidence. The stock either goes up, down or sideways, but the moment I go into it, it goes in the opposite direction 2. · Then the obvious comes to mind if 95% of traders lose money consistently, if we bet on the opposite trade of the herd we profit That would probably mean to do the very opposite of what books and gurus recommend, maybe sell at dips, buy at tops, go always counter trend, aim for large sl and short tp and other crazy ideas since when we follow these rules we apparently always lose money