There is a big lack of knowledge in this forex industry. Retail Trader always forget that we are in the Champion League here and that we need to have a lot of knowledge in order to succeed.
Key Elements are - Trading Plan - Strategy - Money and Risk Management
Predicting the right direction of the forex pairs is not to 100% possible and not even necessary. The key is to understand how to react to the new changes within the market. It is like in life.
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