Originally Posted by lycan
So you were wrong about the trend the first time and now you think you can reverse your losses by predicting the trend again? It's an interesting concept. Currency trading is a game of shuffling wealth from one currency to the other and back. It is not a game of predicting which currency is the best or what will be the price 10 minutes from now and then leveraging your guess like a cocaine addict.
I never said anything about predicting. Predictions are for amateurs and entertainers. What I do advocate though, is being able to properly react to what is actually happening. And with a sound system, it's more than doable. If it wasn't, then how do you explain people like myself who make it work consistently?