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Monday, March 9, 2009

Before we start

Before we start lets quote a simple fact which may make you think.

Despite all the advances we have seen in technology over the last 20 years the ratio of winners to losers still remains the same - well over 90% lose and 10% win and make the big profits. So all these advances in technology and forecasting have done nothing in terms of increasing the ratio of winners and the reason is obvious!

Scientific methods CANNOT help when you are trading an odds based area like forex.

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