What really bothers me is false advertising. Nowadays the forex world is littered with “get rich quick” claims and “psychology” trading courses. It really gives a new trade a false sense of what being a successful trader is all about.
1, Understanding Macro Changes
3. Focus on Right business decisions, not profits
Think about this: that new “easy pattern” that guarantees profits. DO THE BIG INSTITUTIONS KNOW THIS PATTERN? ARE THEY MUCH MORE WELL FUNDED? Technical patterns alone without Macro analysis is a recipe for disaster. Ask any large hedge fund/banking institution- they do not use technicals alone
Hope this helps those out there, especially those of you just starting