- Credits
- 0
Guys any ea which is based on "Hope" of retracement will fail eventually, "word "hope" is main reason of failure in Forex"
successful traders say that when a movement will start it will remain in that direction "forever" unless it will drain out your balance. so dnt wait for retracement just wait of good entry in that direction.
its only truth of forex which is bitter enough for all of us, which strike with our ego how it is possible a movement remain in that direction forever we always fight with this fact in our whole life of forex and fail.
thanks
That's right Lia, what you say is right .. I've been spending a lot of time in the forex, and just because I like it so much, I think there is some good EA martingale that of good profits .. Some in BT have tried to find the best configuration and I have had good results, but my disbelief, to put it in real, comes the sample and confirmation that they are not profitable.
It's reality..
It does not matter if you use the best risk management system, how to get the benefits that you are giving the day or week.
Use a direct daily control to stop the EA (which I do not advise or like, because if so, it would not be automatic and would not make sense)
When you least expect it, the MC will be there, and take all the money.