﻿

# Forex Price Movement – The Best Mathematical Formula For Profit

There are many theories that say that as human nature repeats, there is a law for market movement and if you know the law you can apply a mathematical theory and make money but which is the best? Let’s find out…

Popular theories are – the Fibonacci number sequence, Elliot Wave and Gann’s price and time. There are many others but the fact is none of them are scientific or mathematical.

The definition of a scientific law is that it works ALL of the time!

None of the above work all of the time and that means there not mathematical.

In fact there is no hidden law to market movement because you are dealing with probabilities not certainties.

Just like a good poker player, makes money trading high odds hands, the aim of the successful forex trader is to trade high odds trades.

People think that the appliance of mathematics can beat the market but if the market doesn’t obey any law then it’s doomed to failure and this leads to a simple fact about Forex trading which can lead you to success.

50 years ago – 95% of traders lost and the ratio of traders who lose today remains about the same.

This simple fact leads to a compelling conclusion.

If you think about it all the advances in news, forecasting and mathematical theories have not increased the number of winners and this means you need to – Keep it simple and success is dependant on something else!

Simplicity and Discipline the Keys to Success

Simple systems always work best in an odds based market as they have fewer elements to break than a complicated one.

Once you understand this you need to trade with discipline trading high odds trades and keeping losses small. You are as we said earlier trading the odds like a good poker player and its no wonder that some of the top traders in the world – were you guessed it, successful poker players!

Most traders like to think they can beat the market and avoid losses and see technology as the answer but as we have just proved it’s not the answer.

If you want to win at forex, think like a poker player rather than a mathematician and you will have a lot more success, as you will be trading the odds and that’s the way to win.

## Related Posts

CATEGORIES : Forex and Trading/ AUTHOR : thejoshuagenerationministries

Comments are closed.

## Recent Posts

• ### Top reasons to invest in the stock market

There are a lot of reasons why people may want to invest in the stock market. Here are some of …
• ### Twelve Benefits of Do-It-Yourself Debt Settlement

Although the tide of bankruptcies receded after the new bankruptcy law went into effect on October 17, 2005, a swelling …
• ### Forex Guide Book for All People

Every person just starting on the forex market would appreciate help and ideal way to seek for help would be …
• ### Understanding The Stock Market

So, understanding the stock market…OK…what the heck is the stock market anyways? The basic function of the stock market is …
• ### Understanding Bank Identity Theft

Whether you have a hundred dollars in the bank or a thousand dollars in the bank, there is nothing worse …
• ### An Introduction To Forex Trading, And What You Need To Know

The word ‘Forex’ is a contraction of ‘Foreign Exchange’, and is interchangeable with ‘Foreign Exchange Market’ and ‘Currency Market’. At …
• ### Corporate Insurance In India

Risks are part of life no matter whether it is concerning health, property, vehicles, business, and the list goes endless. …
• ### Writing An Effective Hardship Letter To Avail Loan Modification

A hardship letter is the most important piece of document required to apply for loan modification. Its substance and validity …
• ### US Domestic Remittance Market Research Report Ken Research

Espousal of mobile banking and mobile payments continues to augment rapidly in the United State and is expected to change …
• ### Forex Trading – Signals

Wouldn’t it be nice if there is something or someone who tells you when to trade or where to trade …
• ### A Travel Insurance Plan is Imperative for Travelers

A travel insurance policy is also referred to as a trip insurance policy in India. This is an inevitable need …

﻿