Forex Myths

[Master Tang]

You may look at the other broker's ratio page where you will see the same story.

And how does that change anything?

[Stephan noel]

hi..
forex is one of the difficult and complex platform. there is need to make complete information and study. then you can be able to make forex trading.

[Haley12]

do you mean people who made the history of forex?

Forex myths are just like "rumors" for more information follow other member's replies.

[bobmaninc]

Just buy my EA at youranidiot.com The Leading Gag Gifts Site on the Net[/url] and you will make millions by the end of the week.

Biggest myth of all time

Sad part is I tried putting the www. in front of that web address and its an actual web site lol

[Nikitafx]

Just buy my EA at youranidiot.com The Leading Gag Gifts Site on the Net[/url] and you will make millions by the end of the week.

Biggest myth of all time

Sad part is I tried putting the www. in front of that web address and its an actual web site lol

Looks like someone has booked that space and is putting that piece of virtual real estate address for sale.


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Talk about a coincidence!

[JJ6845616]

And how does that change anything?

I think that we're getting off-topic.I just want to know that why the 60-70% positions are opened against the major trend.You may check the page from time to time for confirmation.

[Jim Anderson]

One of the most used myth is "a sense of the market", that some traders can gain (according to them) even after couple of months of trading.

Unfortunately, it doesn't exist. The market always has new tricks for you, that can easily halve your deposit.

I think the underlying them of all markets is that Traders have difficulty handling uncertain outcomes.

[Nikitafx]

I think that we're getting off-topic.I just want to know that why the 60-70% positions are opened against the major trend.You may check the page from time to time for confirmation.

Without the data to back me up, I must say that because 60 to 70% of retail traders do not trade with the major trend in mind.

Most are scalping 10 or 15 pips per bang. The rest are just following blindly, groping their way through it all.

A majority of them are also day traders, were their major trend is just what yesterdays candle did, or where the weekly highs and lows lay.

Not all are swing traders.

Major tier 1 banks hold position for about 3 minutes max. Trading off 10 second charts etc. Most wouldnt even know where the next Support and Resistance is beyond their 10 pip target.

There is more than one way to skin a cat.

[bobmaninc]

Nikita most traders are trading the 5 minute charts so zoomed in the higher term trend is something so far away it is in another galaxy.

Had to edit I was agreeing with Nikita not correcting Nikita I got to get used to tyPing on an iPhone. Sorry. Nikita I ment to say Nikita I agree not sure what happened there

[JJ6845616]

Without the data to back me up, I must say that because 60 to 70% of retail traders do not trade with the major trend in mind.

Most are scalping 10 or 15 pips per bang. The rest are just following blindly, groping their way through it all.

A majority of them are also day traders, were their major trend is just what yesterdays candle did, or where the weekly highs and lows lay.

Not all are swing traders.

Major tier 1 banks hold position for about 3 minutes max. Trading off 10 second charts etc. Most wouldnt even know where the next Support and Resistance is beyond their 10 pip target.

There is more than one way to skin a cat.

Yupp that does make sense.Majority of the traders blindly take positions even they aren't aware of what the technical or fundamental analysis really is?That's why only 5% of fx traders become successful.