Master the method that is suitable for yourself: Most traders just start forex trading in the hope of earning a lot of money in a short time. These beginners then look for the latest indicators throughout the internet. They believe that the indicators they get will automatically help them get money. But that is the wrong step. First of all, get rid of this mentality if you want to make a lot of money on forex.
Price reaction or commonly referred to as "Price Action" is one of the best methods that can be used to read future price movements. Analyze using Price Action itself is used by many successful traders out there. Believe it or not, please learn price action.
If you don't match the price action method, you can learn other methods. But keep in mind, just learn one method that suits you. The mistake of beginners is to learn or change trading strategies which result will only waste time. Remember, learn 1 method and backtest on a demo account.
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