Ok, we had this poll on our webpage:
"If you are trading with Moving Averages and indicators based on MAs, are you making profit?"
55% said YES
38% said NO
7% said Break Even
That is interesting result. First time I see that we have 55% winner rate opposite to what is believed about 95%...
Absolutely it is a zero sum game. For someone to win, someone has to lose. The money can only come from someone else account, you don't know who's account that was, but you are fighting to take somebody's money. That is a tough game. No everyone can manage it.
Everyone is welcome to attend our free webinar on how to use FIBs in your trading. This webinar is for beginners who is interested in learning how to use Fibonacci retracements in mt4 platform.
Duration about 30-40 min with Q&A session
If you want to learn more check this registration form...
I know a lot of you are using the most popular indicator in the Market (Moving Average). What you do not realize is that is that MA is the #1 loser in the market.
Don't get me wrong, all indicators are losers, but MA is the leader.
Here is the bottom line.Indicators are not really the problem...
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