The forex-trading-success/” title=”bb Stop Indicator: Your Guide to Forex Trading Success”>foreign exchange market is an ever-evolving and ever-growing entity that can present great opportunities for those with the right knowledge and strategies. For those who wish to try their hand at investing in forex, one popular strategy is magic formula investing. In this article, we’ll explore what exactly it is and how one can successfully apply it to their trading endeavors. The “Magic Formula Investing” system is a stock-picking approach developed by Joel Greenblatt, an investor and hedge fund manager. The system is based on the idea of combining two measures of a company’s financial performance — return on capital and earnings yield — to identify stocks with the potential for large returns. The system has gained traction in recent years, with some studies indicating that it performs better than other popular stock picking approaches, such as value or momentum investing. However, it is important to note that past performance is no guarantee of future results, and investors should always consider risk and other factors before investing in any particular stock.