I have been dabbling with Forex for a few years now, and have started taking it more seriously over the past few months. I feel that I have come a long way and I would like to share my thoughts on what I have found. It would be interesting to see if anyone agrees or disagrees or has come to any similar conclusions.The first point on my list and perhaps the most important:Patience, patience, patience.This is heard everywhere but remains extremely important and also covers a few points. For example;Wait for a good entry!Think you have a 'sniper' entry at a trend line or on a support level? Wait!Think the market has started moving how you anticipated? Wait!Think the market has given you some confirmation for your trade? Probably still too early!Think you've missed your opportunity? Now you're getting closer to a good entry.
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