Professional trading qualities are needed for professional trading. Frequent practicing and understanding the market environment help a trader fix this issue.
Upsurge and downturn is a common scenario in Forex market as it’s a financial market. Traders should remain abstain from trading when the market is on upsurge.
Flying against the trend will create a dying situation for a trader. We mostly use moving average, RSI and Bollinger bands to know the trends of the market.
Trend-specific trading is always profitable and it’s proven till now. On average, the market follows the trend and sometimes the market breaks a particular trend and we also can make the best use of it.