[FX_loser]

Sun Tzu's Art of War is the famous ancient Chinese military manuscript. This articles applies these principles to forex.

[taohai]

Thanks for the sharing.

This teaches us strategy, actually Sun Tzu's Art of War could be applied to all the trading practices.

[FxMassa]

I think it's impossible to accurately apply the Art of War to Forex, because one of his most famous ideas is KNOW THY ENEMY AND KNOW THYSELF AND IN 1000 BATTLES YOU WILL KNOW VICTORY... meaning, you have to have proper intelligence about pairs, what banks are doing, what your broker is up to behind your back... etc.... that ties in closely to his idea that all battles are won before they are fought.

You can never know your enemy 100% in forex, i don't care what anyone says...

Another principle of Sun Tzu is "put your troops on death ground and they will prefer death to flight..." meaning if you feel like defeat is a certain, you'd rather lose all your funds rather than lose this trade... i think if you're in the position where you're about to lose all your money, is fighting to the death on one last trade really a good idea?

I don't think the art of war has a place in Forex, stocks maybe in the sense that you can get inside info, know what a stock will do ahead of time etc.... if there was a way to do that with a single Currency or better yet, both currencies in a pair... then yes, you can know "the enemy" and have intelligence on "winning the battle before its fought."

[Toscani]

I think it's impossible to accurately apply the Art of War to Forex, because one of his most famous ideas is KNOW THY ENEMY AND KNOW THYSELF AND IN 1000 BATTLES YOU WILL KNOW VICTORY... meaning, you have to have proper intelligence about pairs, what banks are doing, what your broker is up to behind your back... etc.... that ties in closely to his idea that all battles are won before they are fought.

You can never know your enemy 100% in forex, i don't care what anyone says...

Another principle of Sun Tzu is "put your troops on death ground and they will prefer death to flight..." meaning if you feel like defeat is a certain, you'd rather lose all your funds rather than lose this trade... i think if you're in the position where you're about to lose all your money, is fighting to the death on one last trade really a good idea?

I don't think the art of war has a place in Forex, stocks maybe in the sense that you can get inside info, know what a stock will do ahead of time etc.... if there was a way to do that with a single Currency or better yet, both currencies in a pair... then yes, you can know "the enemy" and have intelligence on "winning the battle before its fought."

He does sort of touch upon that...

The Art of War – “Use attack to exploit victory, never use attack to rescue defeat.”

Forex explanation - Do not keep a losing position hoping to average out. Add to money-making trades.

But yea, I remember reading Sun Tzu and picking and choosing his principles is not as good as understanding his principles as a whole and applying them to warfare.... is forex warfare? in a way, but I think its kind of like Gambling... so Sun Tzu and gambling? I don't know if it will apply appropriately...

[BudFoxFx]

I like the idea of applying the art of war in forex