Is there a 100% winning strategy in forex?
Direct from the desk of Dane Williams.
The idea of never encountering a losing trade is undoubtedly enticing, but is it feasible?
Can such a strategy truly exist within the dynamic and unpredictable landscape of the forex market?
I’m going to offer you two short answers to begin with and then go from there.
My first answer is yes there is such a thing as a 100% winning strategy in forex… if you take an entirely short term view.
Heck, you can simply martingale and win 100% of your trades.
Oh, that is until you are forced to take that 1 loss and blow up your account.
So my second and real answer to the question is no, there is no 100% winning strategy in forex because any trading strategy that doesn’t take losses, won’t make money long term.
I’ve said it before and I’ll say it again, taking a loss is actually a win in forex.
No, there is no 100% winning strategy in forex
As you can see on the surface, the notion of a 100% winning strategy may seem plausible, especially when viewed through a short-term lens.
There are instances where you may experience a streak of successful trades, perhaps through your well tested strategy, expert timing, or even purely trusting your gut.
However, the reality is that any strategy boasting a perfect win rate is inherently flawed when examined over the long term.
All that matters is becoming a consistently profitable forex trader and that’s just not something you can do by worrying about short term results.
We know the forex market is an inherently volatile beast.
One that is subject to a myriad of factors ranging from geopolitical events to economic data releases.
The market’s fluid nature defies rigid predictability, making it impossible for even professional traders to guarantee a 100% win rate.
While certain strategies may yield consistent profits for a time, the fact of the matter is that there is no strategy on the planet that’s immune to market fluctuations or unforeseen developments that can swiftly move markets.
Moreover, the pursuit of a 100% winning strategy will lead you down a perilous path of unrealistic expectations and undue risk.
The relentless quest for perfection will tempt you to become reckless, abandoning sound risk management principles in favour of unattainable goals.
Don’t even think about it!
If you allow this mindset to creep into your trading, you will expose yourself to vulnerabilities and quite frankly, a margin call.
The quest for a flawless trading strategy is a pursuit destined to fall short of your dream.
The essence of forex trading lies not in the elimination of losses, but rather in the prudent management of risk and the cultivation of resilience in the face of adversity.
It is through the acknowledgment of imperfection that you are able to embrace the inherent uncertainties of the market and adapt your entries accordingly.
Taking losses as a forex trader is not a sign of failure, but rather a fundamental aspect of the successful trading process.
Final thoughts on 100% winning strategies in forex
Forex trading is legit, but anyone who tells you that they have a 100% winning strategy is just pulling your leg.
While the allure of a 100% winning strategy may linger tantalisingly out there on social media, no forex trader can truly predict where the market will move.
The inherent complexities and uncertainties of the market preclude the existence of such a strategy, meaning forex trading is just a game of probabilities.
Embrace your losses and play the game as you need to play it.
Best of probabilities to you.
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I've always heard of forex trading but I've never given it a try but my mum does it and I think this content would be much appreciated by her
Send her the link ;)
There's nothing like 100% winning exists in the first place even in something like trading 😂. Good post to point out that important things to readers 👍
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There are social media gurus that will say a 100% winning forex strategy exists.
But they are nothing more than charlatans.
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