Here is why; since starting Forex School Online I have talked to and helped thousands of traders, seen their charts, the exact trading errors they are making and why they cannot become consistently profitable.
After all of these years, the thousands of discussions, trades myself, live chats, student surveys, forum discussions, this is what I have found; traders over-complicate, and make the same errors time and time again that are making them lose a lot of trades.
Often times traders are looking in all of the wrong spots to fix these errors.
They quickly move to yet another strategy – I know from my own surveys the average trader has a minimum of 3 x strategies under their belt. The trader will add more indicators to their chart, or try another automated EA all of which do not work.
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