Five Ways of Unconventional Thinking Demystify How Senior Traders Make Money



1. Not too much time spent on market analysis
In essence, profit gaining refers to quantifying profitable results with high probability and the profit-loss ratio based on a complete trading system. As for lucrative trading charts, senior traders can find their stop-profit/stop-loss points and seize trading signals in one minute all the time. It is not the case that enjoying steady profits should rely on the analysis of market trends.
2. No dependence on EA (expert adviser)
Speaking of an excellent EA, the cooperation between a strong R&D (research and development) team and well-experienced forex masters is usually necessary for its creation. Therefore, this appears to be a castle in the air, provided the lack of certain channels or funds.
Besides, any computer program is impossible to be timelessly effective due to the ever-changing market. As such, the brain is the best trading instrument.
3. Not that vital are fundamentals
Senior traders don't rely on fundamentals as all changes will be reflected in advance via market prices and behavior.
4. Not impacted by so-called “experts”
It is trading charts instead of any expert comment that should be believed in because of their necessary information implied. Please don't be affected by others when you are making a trading decision.
5. Not too much attention paid to success or failure
A certain method/theory is only a probability of success in transactions. Too much emphasis laid on profits and losses can place you in danger. Simple trading mentality, combined with simple and efficient trading tactics, can award continuous benefits to you.
Download WikiFX to get lessons from experts who have traded forex for over 20 years. (bit.ly/wikifxIN)

Latest News
-
Gold Weekly Forecast: Gold Prices Preparing for a Break Out?
WikiFX | News 1618191831000
-
Top 5 cryptocurrencies to watch this week
WikiFX | News 1618191469000
-
Japanese Yen Technical Analysis: USD/JPY at a Big Spot for Directional Themes
WikiFX | News 1618192344000
-
Dollar Up but Near Three-Week Low as Investors Await U.S. CPI Figure
WikiFX | News 1618295813000
-
Lessons Given by Losses Worth 2 Million in Forex Market!
WikiFX | News 1618295392000
-
BIG THING!!! Phone Credits Giveaway Starting From TODAY
WikiFX | News 1618292254000
-
Daily Forex Analysis - 13 April 2021
WikiFX | News 1618285540000
-
Why the South African Rand Is Strengthening?
WikiFX | News 1618301353000
-
A 400% Jump in Crypto Scams in Canada
WikiFX | News 1618296372000
-
Natural Gas Price Prediction – Prices Rise but Fail To Recapture Resistance
WikiFX | Industry 1618223578000
United Arab Emirates Dirham
- United Arab Emirates Dirham
- Australia Dollar
- Canadian Dollar
- Swiss Franc
- Chinese Yuan
- Danish Krone
- Euro
- British Pound
- Hong Kong Dollar
- Hungarian Forint
- Japanese Yen
- South Korean Won
- Mexican Peso
- Malaysian Ringgit
- Norwegian Krone
- New Zealand Dollar
- Polish Zloty
- Russian Ruble
- Saudi Arabian Riyal
- Swedish Krona
- Singapore Dollar
- Thai Baht
- Turkish Lira
- United States Dollar
- South African Rand

United States Dollar
- United Arab Emirates Dirham
- Australia Dollar
- Canadian Dollar
- Swiss Franc
- Chinese Yuan
- Danish Krone
- Euro
- British Pound
- Hong Kong Dollar
- Hungarian Forint
- Japanese Yen
- South Korean Won
- Mexican Peso
- Malaysian Ringgit
- Norwegian Krone
- New Zealand Dollar
- Polish Zloty
- Russian Ruble
- Saudi Arabian Riyal
- Swedish Krona
- Singapore Dollar
- Thai Baht
- Turkish Lira
- United States Dollar
- South African Rand
- Amount
- United Arab Emirates Dirham
- Available
- -- United States Dollar