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Even when there are so many factors that could influence losses. I still think that planning is only targetted to minimize losses and maximize profit since it is something that cannot be prevented entirely.
If any expert trader makes all the good decisions, plannings and strategies and then also he lose at certain point. Then what we can say to that situation.? Can we say that trader has lack of knowledge or skill.? Can we say that he was overconfident at the time of trading.? Or can we say it was his bad luck.?
Businesses generally don't survive on luck, good or bad. If the person loses thereafter, even though he posses those skills, then it could be said that that is part of Forex.
I don't think so. If I say you to invest with at my business plan which is very good. but if you face a huge loss then that would be the part of business. Then would you invest at that business.? I don't think so. There are ups and downs at every business. Even at forex also. But here if any price goes down, then there is chances of price increment. Maybe we have to wait few days. But we can make profit from it. There are many part of forex.