Thursday, February 11, 2021

NO MAGIC HERE

 If you’re lucky enough to find some kind of mechanical forex systems that work for several months, most of the time, these models end up falling apart in the future for enough time to wipe novice traders out. This is why mechanical retail forex systems have no place in real world trading. They are useless at best. Most educators of automatic trading systems teach nothing practical, they fill pages with ‘garbage’ to make a quick buck. They skip the very foundation of market analysis, they fail to teach methods that can be used in changing market conditions, and they fail to educate traders about price dynamics and price action…which is the very ‘heart and soul’ of a market.