September 27, 2009
Can you really trust a forex trading system
Can you really trust a forex trading system that relies on indicators? The answer to that question is that NO. No you cannot. There is a very simple reason for this. Its because the indicators that you are relying on are strictly lagging. If you don’t know what this means, it essentially means that you are basing your trades off of information that has already happened. So whenever your stochastics are telling you that the market is oversold or oberbought, this information is old news. You can’t expect to take that kind of information as fact. The more you know, the better the trader you are going to be.