Profiting From Failure: The Wash & Rinse Trade, Part I ...

Read Carefully Experts!

This may appear to be a noob question, but read on carefully and please try and understand the point I'm trying to make! I'm hoping your answers might be helpful to people both learning Forex and looking to get into it, so please don't hate on me for this post.
I am relatively new to FX and have learned about break and retest strategies, MACD crossovers and stop losses below structure and risk to reward ratios (usually going for 1:1 or 2/3:1) and so on. I say this only so you know I've a general (very basic) understanding of charts, price action etc.
I definitely do NOT expect to step into the markets and instantly win a majority of my trades, however, to illustrate my thoughts please note the example below.
If I am winning 2% on a winning trade and losing 1% on a losing trade (2:1 reward risk per trade), a strategy that wins just 50% of the time trading once per trading day would be +10% each month. (10 days of -1%, 10 days of +2%). +10% is a HUGE increase in accounts and if a $1000 account was +10% per month for 12 months the end of year balance would be over $3138.43 or a 213.84% return!
This leads me to a theory that almost NO system can be returning 50% on a 2:1 reward risk, even with careful trade selection (let's say I monitor the 7 major pairs, gold and GBP/JPY as I do and pick one entry a day) Am I wrong? I appreciate it is a hypothetical example designed to make a point, but my thoughts are if you monitored lots of pairs and took only ONE entry a day, we might expect to win 50% of the time.
Let's expand this further. I have seen numerous algos (can't name them but looking like they win at LEAST 50% of the time) which tempt me because they appear to indicate moves I could jump on and where I could pull a bunch of pips out of the market. However, there surely cannot be a holy grail or are people making this type of insane return? It cannot be as easy as buying an algo, signing up to $300,000 worth of FTMO funding and earning 10% per month for an easy $21,000 per month income with profit share. Or maybe it is and I'm just cynical?! I end up getting tempted by courses etc. in the hope that if I spent £400 on a good course it would open the door to what I need to do, but I'm nervous this is just another huge mistake.
I genuinely would love to trade Forex for a living. Really I would. I hope it's possible and I hope to learn a strategy I can wash, rinse and repeat. I love watching videos and live streamers who seem to have a great understanding of what's going on but I wonder if it's really possible. It seems a million miles away but I'm determined to keep learning and trading.
Reading your considered thoughts to this post would be helpful for me and I'm sure others and thank you for reading it.
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wash n rinse stop hunting Washday - 60 Celsius cotton wash with extra rinse option (Used flashlight as light source) 60 Celsius Cotton Wash W Prewash + Extra Rinse how to use the trading tools - YouTube TIME TRAVEL TRADE PART 2 WASH RINSE REPEAT BITMEX THE LEGEND This Is How I Trade The Forex Market Everyday

And who knows how long this can go for. They did it again. The cup game. It's like throwing a darts at a dart board to see which market sector they're going to go after on any given day. So it looks like they did weaponize QQQ/AMZN yesterday to get us over the line. And they held it. Even last night in the futures market /RTY was up a larger percentage over it's bigger brothers. And when we ... Appetite for Forex Trading is Surging ... This Wash & Rinse pattern marked the start of a two-year bull market that added 125% to the value of the Spain Index MSCI Ishares (EWP). In November 2013, the nearest-futures coffee contract clipped the 2009 Financial Crisis low of 101.60. The market recovered before the week was over. Little did anyone know that the Wash & Rinse buy signal off the ... Waschen Trading. Was ist Wash Trading mean. Wash Trading bezieht sich auf den Kauf von Aktien durch einen Broker und den Verkauf der Aktien ... Then wash, rinse, repeat. What more could you ask for, right? Let me stop right there because it isn’t quite that easy. As the saying goes, if it were that easy, everyone would be doing it. While I can’t and won’t sit here and say that all Forex signal services are “bad”, what I can say without a shadow of a doubt is that they won’t get you to where you want to go. And where ... The Wash & Rinse pattern is a pattern based off of a failure of another pattern. Yet, there are times that this failure pattern will also fail! Hey, nobody ever promised that trading is easy… Sometimes a market will breakout, experience a pullback that knocks out the weak-handed players and triggers the Wash & Rinse pattern, and then turn right back around to continue on with the initial ... Wash, rinse, repeat. These are the same kinds of comments we heard yesterday. Deal with the EU is still possible ... Founded in 2008, ForexLive.com is the premier forex trading news site offering ... Wash, Rinse Repeat. Let’s repeat this cycle one more time. After our 8th trade we have $1,122.94 USD in our account. Upon losing our next 5 trades, at 2% per trade, we have $1,015.05 USD. While this is more than we started with, we still have 3 more winning trades to go. On our last 3 trades we gain an additional 7.5% per trade.

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wash n rinse stop hunting

Hey folks as this decade winds down and we move into another “roaring 20s” we have many different forces acting on current markets and price action. Welcome to our Weekly Round-up! Market ... 95% Winning Forex Trading Formula - Beat The Market Maker📈 - Duration: 37:53. ... 40 Celsius cotton wash w extra rinse - Duration: 46:31. Fredriksam 1 view. New; 46:31. 60 Celsius Quick wash ... wash n rinse stop hunting by john ftseman. 8:31 [Private video] ... how a whale washes the forex market by john ftseman. 8:41. Trading between median lines of the andrews fork by john ftseman. 7 ... TIME TRAVEL TRADE PART 2 WASH RINSE REPEAT BITMEX THE LEGEND ORACLE KINGPIN CRYPTO. Loading... Unsubscribe from ORACLE KINGPIN CRYPTO? Cancel Unsubscribe. Working... Subscribe Subscribed ... Stop hunting, when identified can offer you high probability entry opportunities. If you like what you see here. You are invited to join the public chat Its free! https://discord.gg/bAjYbv4 Watch ... This is literally how I look at the forex markets every day. I get a signal, then I check my charts, then I look for a direction, then I enter my trade. Wash rinse repeat. Broker I Use: KOT4X ECN ... Friday Laundry Day - Wash Load 1/3 - 60 Celsius wash with extra rinse option - Duration: 49:34. ... No Nonsense Forex 141,544 views. 28:59. House approves USMCA deal - Duration: 3:56. Fox News ...

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