Roulette Wheel of Forex

Sorry mate but anyone who thinks they can produce a system of winning on a roulette wheel does not understand the game. Lets be clear about this, there is no such thing as a system on a totally random even such as roulette. Just because a black has come up 20 times it still has the same probability of coming up again, i.e. 50:50 if you take the zero out. You are looking at the law of averages in coming up with your system which states that over time the number of reds to blacks will be virtually equal, but the numbers involved here means that you can almost forget this as it has no bearing on this type of system.

Trading is totally different, you are looking for signals that increase the probability from 50:50 in either direction to maybe 60, 70, 80% in your favor, looking for overbought or oversold points etc, that is not random but very much a statistical science that if you pay enough attention to will pay in time.

That's it in nutshell.

If you want to play a game where you can make more than you lose I suggest poker or like meanreversion said blackjack.
 
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