
Trading Foreign Currencies : Forex Day Trading Why You Will Never Win At It : The biggest myth in forex trading is that you will make money at it, you won'tnce you are considering day trading then you need to look at one main fact that may make sure that you will losehis is the fact: All short term volatility is randomf you think about it it incredibly is obvious millions of traders are trading efairly single day, trillions of cash change hands and to say that you can predict what they will do in a matter of hours is laughableolatility is random and can and does take prices anywhere in short periodsupport and resistance levels are meaningless, as are any other technical indicator you care to pickehcncial indicators only work on data where you can calculate the odds and in day trading you'll as flip a coin and you success rate would be the same over timeost traders have no interest in daily levels (apart from the small minority of losing day traders) you have central banks, hedgers, massive funds and successful speculators and they pay no atte ... [Read More @ Trading Foreign Currencies]
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Trading Foreign Currencies : Forex Day Trading Why You Will Never Win At It
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