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Posts by
yique
Intraday Trading is gambling
in
New Traders
Aug 22, 2016 at 05:06
I agree, a very high win rate does not necessarily mean a winning strategy. 1 losing trade out of 300 can blow your account if not managed properly. But 298 winners out of 300 does prove that it's no roll of the dice, close your eyes & hope for the best ! Even if your a genius mathematician in a casino counting all the outcomes on a poker or roulette table to gauge your bets.
Intraday Trading is gambling
in
New Traders
Aug 21, 2016 at 14:03
I have won 298 trades out of 300. If you can win that many roullete of poker games in a row then yes fx trading is gambling !
Intraday Trading is gambling
in
New Traders
Aug 21, 2016 at 14:03
Yes, thats a ""knee jerk"" reaction to the news relkease & can be traded by ""fading the spike"". But something like an interest rate decision or NFP & you'll know where that market is going !
Intraday Trading is gambling
in
New Traders
Aug 21, 2016 at 07:02
i agree the news all ways dictates how the market moves. I think it's better to trade after major news or open trades before major news & get out of the trade. You can trade after a major news release & be sure where the market is going !
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