duminică, 8 octombrie 2017

Forex Risk vs Reward - Forex Trading Strategy Q&A

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Need help becoming profitable? Watch this interview, where Jarratt reveals THE EDGE, which got him #2 ranking: http://www.jarrattdavis.com/forex-course Forex Risk vs Reward Explained I've had a lot of questions regarding my view towards risk/reward when doing my free analysis, therefore I've put together a brief video detailing my view on risk/reward. I personally believe risk/reward strategies are irrelevant having tried that approach in the past it is now my opinion that the most important factor is being profitable. So for example I'm trading but have a risk reward is 1:1 and yet make profit I pay it little attention however if I'm holding a trade yet the risk reward is 2:1 and I'm losing money, it simply drives home my point that risk reward strategies are irrelevant. I will hold a trade based on my conviction and confidence I have in that particular pair, I garner said confidence and conviction by a comprehensive fundamental analysis of the markets coupled with my technical analysis. Once I have done this risk/reward becomes less important as I know with the analysis I have done that the market is going in a certain direction. I have and continue to change my attitudes on pairs as the fundament and sentiment changes, for me it's about learning the markets, why they are behaving in the way that they are, which gives me confidence when I trade to go on and make profit. Many guru's will differ in this opinion and state that you need positive risk reward to trade, however the methodology of fundamental analysis coupled with technical analysis (support and resistance levels) is the technique that I have implemented and become successful off of the back of.