If you are a forex trader, one thing is for sure: the path is never smooth.
Sometimes you win and sometimes you lose.
But here’s that thing that may seem somewhat crazy because sometimes you think that the forex market just knows how play tricks with your mind and here’s how:
I’f you have pulled your hair like the guy above, I have too. Consider this as “university of hard knocks”.
What do you think is the cause of this problem? I think I know and the answer is not one but a few:
- failure to understand market swings
- failure to see that the trend has changed and failure to understand significant resistance and support levels
- failure to understand risk management in forex trading.
You need to understand and study trends.
You need to understand market swings.
In addition to market swing, learn about price action trading because market swing with price action trading come hand in hands.
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