For example, an investor who owns a set amount of one country’s currency may begin to sense that it is growing weaker in comparison to another country’s.
Don’t base your forex decisions on what other people are doing. Forex trades are human, and they tend to speak more about their accomplishments instead of their failures. People can still make mistakes no matter how many successful trades they have accomplished. Be sure to follow your plan and your signals, instead of other trader’s signals.
Consider the advice of other successful traders, but don’t substitute their judgment for your own. While you should listen to outside opinions and give them due emphasis, you should trust your own judgement when it comes to investments.
It is easy to sell signals when the market … Read the rest