Forex Flashcards
X and all derivatives of x are changing constantly
True
All trends reverse
True
It is possible to Time the market
False
Profit is made:
When limit totals exceed stop totals.
You know this
Current value x
You can never know
T time when
Movement is
Non linear and cannot be predicted
Fill
All possible future values
Breaking a stop is good because
A corresponding limit is triggered creating a profit
The stop creates a withdrawal opportunity
Eliminates a greater risk
Markets tend to test recent :
Highs and lows
Current value will revisited soon?
High Probability
You can see a sharp move as it developed ?
Usually not. It is better to have the matrix filled out.
Withdrawing unnecessary balance does what?
Takes risk of a flash crash off the table
Allows margin to be placed on high probability matrix locations
Can market direction be predicted
No way. The runction is impenetrably opaque.
Make no effort to predict the trend.
Probability function is
Value v frequency
