Many people are scared of
binary chance or 50:50 result of forex trading. There is also a myth
that said 95% forex trader are on high risk of loss. Despite the
increasing number of forex trader, there is something you need to know
about the fact of forex trading success chance.
Steadily Increasing ChanceForex experts show that 50% of chance only strikes trader in the beginning. With no experience at all, trader is trading with bare minimum of forex trading success chance. They either win it or lose. Once they successfully win it, they add more chance to win next deal. The measurement is basically made by how improved the skill of player is. The more skillful the player is the chance is slightly get higher as the gradually become professional. The first thing beginner should do is to make sure they have steadily increasing or at least stable profit each month. If they keep on sticking on monthly profit, the percentage of success is getting higher and higher, as they know how to read the pattern.
When the Orientation Has Changed
However, if the trader decides to change the orientation into weekly profit oriented, the chance is back to bare minimum at 50% or even lesser than that. The trader needs to be accustomed and to increase the previous average profit to fit the weekly profit. The similar case happens when the trader changes their orientation into daily profit. You may feel safer when you play on the same orientation since the beginning. However, if you want to increase you profit, you need to risk a bit by playing on smaller chance of different orientation. Once you master it, the chance will eventually rise as well.
