Basically, one wants to try to be ahead of the game and end up positive. The key points are:
1 There is no 'guru' on trading. No matter how successful the trader is, you will not emulate their performance by paying homage ot so called 'guru'. Track records are meaningless in financial markets. Time will tell, and the markets are the ultimate teacher. If you want to shortcut by looking for 'gurus', then you are misguided
2 Don't lesten to the brokers in the broking industry. They will lie to you by making statements like 'every one makes money who sign up with the firm', 'Trading is easy, you can make consistent profits' They certainly won't tell you that 9 out of 10 traders lose all their money.
3 There is no right or wrong way or method to trade the markets. There is only what works out in the end, given the passage of time.
4 If one trades in an office environment, get a set of noise cancellation headphones. This will filter out the noise and garbage that comes out of other traders' mouths, which will distract you from the discipline required. You won't hear all the noise, junk and garbage.
FCPO seems to be still on the uptrend?
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