Forex trading can be profitable, but it is very risky. I have made a lot of mistakes and lost a lot of money, but now I am more or less consistent. Having a knowledge of technical analysis is not enough. It would be best if you were an expert in emotional control and risk management.
The best comes when you know you are doing the right thing. A trader should always keep in mind that he is doing the best for his own benefit and not make decisions with other people involved. Also, the risk of loss when trading is always present. People trading in forex should always be aware of the possible risk involved.
If you manage to be profitable, and that depends on time, since you can be profitable at one point in the market and not at another, I think that only after one year of trading you can know if your strategy is correct
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