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Traders fail because of many reasons. Out of all the reasons, the primary reason behind their failure is lack of market knowledge and impulsive decisions. Moreover, a majority of traders are not committed to learning and are not consistent - a fundamental aspect required for a successful trading...
Here’s one more -
* Always wait for a couple of hours after the release of an important economic news to analyse the sentiment of the market and place your trade accordingly.
Everyone finds their own ‘best time’ as per their strategy. You should check the historical price action of the pair you are trading, and test it with your strategy to see which time is the best for you.
I will not recommend any courses to you. It is your responsibility as a trader to find the best and most reliable resources for learning and honing your skills. Everything is available on the internet for free. Just find out and make the most of them.
When I was a newbie, I traded 2 trades per day. So, you can start with that. But ensure that you learn something from your trades. You might not be able to make money initially. The return should be learning. Gradually, you will get better.
Nobody can teach you forex. You are your own teacher. Yes, you could get guidance from others. But you have to trade on your own. Hence, take a step. Babypips is a good place to get started!
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