Forex for Dummies

Winning Strategy 100%

First, you have to train, learn to be that invincible Pip warrior, like the lord of the YouTube channel who always hits all his operations. Now, search on Google for something about "Winning Strategies in Forex". Then watch the YouTube video "Foolproof Strategy" and you're ready. You feel ready for the task, your inner warrior is eager to enter the fray. You know about RSI and EMA. You know that when the RSI is above 50, we are in buying, what could go wrong?

You open your Metatrader, happily see those 200USD you just deposited, those 200 Dollars look like a cartridge full of ammunition, ready to pulverize the market. As you know all the ins and outs of the RSI, and EMA 100, what could go wrong?.

Wait, wait, ready, the RSI 13 crossed the 50, there you put your buy. Look to the side and side, happy.

Here there are only 2 options:

• The Price Rises: You knew it. You know you were born for that. You have the gift. So you open the Amazon page looking at that nice TV... One deserves it!
• The Price Falls: Oh, that's when the pig twists its tail. So the best strategy now is to put your knowledge, your study into practice.

And 15 pips below your purchase... With that stoic humility that characterizes you, you say "That's normal, the price hesitates before rebounding"..

25 Pips below and that rebound is denied... You sigh, roll up your sleeves, and look for a coffee, you start to think that this business is like riding a roller coaster. And that mountain keeps going down.

65 pips and going down.... You don't give up, quickly open that YouTube channel, the channel of the winners. But there you don't find a solution, and the price keeps going down. Your unconscious mind, that conservative part of you that measures risk, tells you. "Close that operation, let's not lose more"; but your warrior part, that part that has been trained in danger for thousands of years of natural selection says: "No, it's time to fear" and doubles the bet. Yes sir, if no wounds are received, the fight is not worthy.

You put the second purchase, 75 pips below the first, when the price rebounds you win double, you still have that silver bullet of the martingale in your cartridge.... What could go wrong?

And the price rises like a drone without batteries, like an airplane with a broken wing.

120 pips below the first purchase... A deep sigh comes from the bottom of your chest. You look at that graph, still not understanding Why is this happening to me? But then you see the light, a spark of knowledge emerges in your mind. It's like a satori it's a moment of clarity that only experienced traders experience... "The price is not going to rebound because it entered a downward trend". Of course! You already knew that was happening and you think you have the solution.

Close those 2 losing buy operations. and open a short operation, (Experienced traders say we enter short.) Yes sir, that's the solution. We lose 165 pips. And we open a sale "Because we entered a downward trend". And as an experienced man in a thousand battles, you enter this time with a lot twice as big, just in case of recovering what was lost.

Ready. Losing to learn is not losing. You have a sale open and "we enter a downward trend". What could go wrong?

Wait, because the price rises.. how can that be, the RSI wants to reach 50.. Just in case you look at the balance of your account and see that the cartridge is running out of bullets.

75 Pips above the price of your sale... You don't understand what's happening, that wasn't explained in the YouTube channel. Better close the Amazon page. And also the sale.