Must understand that Forex is all about probabilities

[TFA]

yes it is a game of math and law of large numbers

 

[new digital]

We must understand that Forex is about risk analysis and probability.
There is no trader have tried or tested that a single method or strategy can always give us profit.
The key to success is to position ourselves in such a way that the losses are harmless while the profits are multiplied.
Such positioning is only possible by managing our risk allocations in accordance with an understanding of probability and risk management.

So why are all the fake educators, retail brokers and charlatans teaching otherwise?

 

[Ary Barroso]

True, this is why I use stop loss and I don’t rely on any specific trade position! I have a fixed risk reward ratio in my trading.

 

[DortDaHier]

No doubt it's important to understand. But also important to know that odds here are definitely better than in casinos, betting, and so on. Forex is much more consistent.

 

[Terry_8]

No doubt it's important to understand. But also important to know that odds here are definitely better than in casinos, betting, and so on. Forex is much more consistent.

I agree on that.