Based on probability, there`s a 50% chance of getting the trade right with forex, since the only options are to either buy or sell a currency pair. Next, by controlling the risk factor, one can choose to use a ratio of 1:2 for stop loss to target price. This should ensure that the net results would be a positive, even if only 50% of the trades are winners.
In reality, this idea on probability seems rather idealistic as it is much easier to hit the stop loss than target price. Perhaps when trading with odds alone, one should enter the trade opposite to the one initially thought about.
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