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What is the probability of successful foreign exchange trading?
Many foreign exchange traders have heard the saying: "There is still a 50% chance of success in flipping a coin. Why can't the success rate reach 50% after analysis? " Through my many years of trading practice, it is proved that this sentence is easily misunderstood.

This sentence actually refers to flipping a coin to judge the upward trend and the downward trend, but judging the trend does not mean that the transaction will be profitable. "The success rate of a transaction", that is to say, the money earned by a transaction is determined by many factors, not a "trend direction".

Jing, a senior gold foreign exchange analyst, told everyone that the trend judgment is correct. If the entry point is not good, the stop loss is not set properly or the exit is not timely, it will cause losses. Therefore, it is impossible to achieve a 50% probability of success in coin toss, and Huiyou needs to make a detailed and comprehensive analysis of the disk. Only by solving the eight elements of foreign exchange trading concept, trend direction, fund management, entry point, stop loss, exit mode and profit-loss ratio, otherwise, solving one of them alone can only be a cover-up.

Exquisite technical analysis can exceed 50% of the success probability, so friends don't give up, start from improving their analysis level, and gradually deepen, and don't go wrong. What is the probability of successful foreign exchange trading? This probability is in our own hands, and we have the final say. Here, I wish Huiyou to learn the correct method as soon as possible and realize stable profit.