Does Professional Trader Really Exist? Hardly!

We can tell the people trading forex for a living from an ordinary investor, and the former is called as professional trader.

The random walk theory has been studied and challenged for ages before the establishment of the modern forex market. It suggests that the price of underlying assets moves randomly regardless of historical records and patterns. In other words, forecasting the future trend by the price movement is whimsical. Therefore, people should stop abusing the so-called indicators and technical analyses when you decide to invest. Because there is only a 50-50 chance to correctly predict the future price movement. It sounds great that coin flipping may beat up a professional trader, isn't it？

This theory is unbelievably unacceptable for the conceited traders. But honestly speaking, market shows no favour to any professional trader. Numerous traders with confidence in outperforming the market or some receiving excessive returns may, to some degree, neglect the risk of loss.

But why do professional traders earn a lot, while ordinary investors struggle for not losing？

Source: Original News by WikiFX

Ordinary traders financial fund is not comparable with that of professional traders, who are supported by companies both in hardware and financial capital. Professional traders may keep losing money from time to time, but they are not so vulnerable as ordinary traders who have limited capital support. Professional traders can close their position until the price is acceptable. Therefore, the capital advantage also diversifies the trading strategies.

Source: Forex Market by WikiFX

So please stop overestimating an professional traders competence. You can make a fortune with your own hands only with the help from WikiFX, which provides origin trading strategies and knowledge for ordinary traders to improve your performance like a professional trader.