Beallador posted:
The writer of the text is absolutely right by saying that we cannot be 100% correct about the market and all of its movements. It is true that if there is adequate risk reward ratio, there is no need to be 100% right to make forex trading profitable. 50% of success can bring you profits.
Price Action Trading System Traders can study this. There is an idea about risk ratio. Generally speaking, if traders trade at a 1: 2 or 1: 3 risk ratio, their profit percentage is higher than the loss.