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    Thread: Don't Trade on Moving average

    1. #1 Collapse Post
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      Default Don't Trade on Moving average

      Hi friends I see a lot of friends trade moving average and lose a lot of money I want to tell you that moving averages outdated tool for Forex and don't work anymore forex is not that simple so please don't trade on moving average indicator otherwise you will lost all your money now forex is advanced search some modern strategy and trade with that.


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      Quote Originally Posted by Imdad Hussain     
      Hi friends I see a lot of friends trade moving average and lose a lot of money I want to tell you that moving averages outdated tool for Forex and don't work anymore forex is not that simple so please don't trade on moving average indicator otherwise you will lost all your money now forex is advanced search some modern strategy and trade with that.
      Yes, of course, we should not stay dependent on the moving average at all times, because sometimes depending on the moving average above the moving average, we may also be a loser. The trader will benefit only by achieving a good profit in the forex market, and whoever works hard always achieves success by working hard.


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      We get good profit from the help of the moving average. If the trader works hard and sets the moving average, then the trader can get good profit. Whatever trader who works hard in the forex market can succeed due to his hard work. Trader should always try to do more hard work to get good profit.


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      Quote Originally Posted by Imdad Hussain     
      Hi friends I see a lot of friends trade moving average and lose a lot of money I want to tell you that moving averages outdated tool for Forex and don't work anymore forex is not that simple so please don't trade on moving average indicator otherwise you will lost all your money now forex is advanced search some modern strategy and trade with that.
      No I dont agree with you, you dont lose your money just because of trading with moving average. You lose your money because of lack of knowledge how to use Moving Average, also lack of knowledge of money management, your trading must not totally depends on Moving average you should take help from it instead of trading with it.


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