Yes 500:1 does sound ridiculous when you think about it.
Btw here's another article from Niall Fuller - I like his common-sense approach to trading (although of course common sense is not so common). This article gives some perspectives on the differences between retail and institutional traders:
Latest Niall Fuller article
Cheers, Sharks
Forex Trading 2018- TA/FA- Setups and discussion, page-3966
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