We are good traders when we are able to follow risk management strategy properly. A well-defined risk management policy can make your trading melodious for you.
You can’t particularly fix the amount of trades to be opened every single day. But you can trade on the market whenever you have opportunities available.
In Forex, decision plays a vital role and it really matters how much you are risking your trades. So, try to lower your trading risk as much as possible.
We can take decision bit the fact is that our decision isn’t as sturdy as it should be to make us profitable. Technical and fundamental analysis is needed to capture the flow of the market.
Forex trading is indeed a profession that is full of challenges and requires reliable trading skills so that you can enjoy the profits, and if a forex trader wants to be successful, he must treat forex as a business and not just as a gambler who bets without knowledge.
We have to stay away from irrational decision taking because decision is the thing that can destroy a trader’s whole career. In Forex, decision is mostly generated by technical and fundamental analyses.