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.
well, nowhere can you be 100 percent successful with your actions, after all, there is always that part where the wrong action will be taken
It is impossible to disagree with this statement. It is just sheer arithmetics which cannot be discussed. Risk/reward ratio is one of the most important things in trading as it is next to impossible to be 100% right on the market because markets are totally unpredictable. If you are right in 50% of cases with a nice risk/reward ratio, then your trading will be profitable.
RobertFerrari
เป็นสมาชิกตั้งแต่ Aug 15, 2021
371 โพสต์
Nov 01 2021 at 18:47
Unellene posted:
well, nowhere can you be 100 percent successful with your actions, after all, there is always that part where the wrong action will be taken
Yes. But you have to take all the decisions very carefully.
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