Only a person with consistent profit can make successful trading. When I can manage risk and make a consistent profit, it will help a lot in increasing the profit ratio.
Emotions are the main cause of loss in the forex market. Many times you have to close with a loss in a profitable trade only because of negative emotions.
If the place where I will invest does not seem secure, it will be very difficult for me to make a profit emotionally. Therefore, the broker selection needs to be correct.
Forex trading is a currency exchange market. Here trade is done depending on supply and demand. If you want to know the details, you have to search on Google.
I try to work with the impact of maximum time news. Market volatility is much higher when news is published. So news trading should not be done at this time.