Forex Trading Strategies and the Trader's Fallacy

[sana]

"Expectancy" is a technical statistics term for a relatively simple
concept. For Forex traders it is basically whether or not any given
trade or series of trades is likely to make a profit. Positive
expectancy defined in its most simple form for Forex traders, is that
on the average, over time and many trades, for any give Forex trading
system there is a probability that you will make more money than you
will lose.

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