DislikedSome trader suffer frustration when the price is always opposite from their orders. If entered, buy price quoted is heading to the bottom. It they entered the sell price goes up. I think this is due to lack of experience and knowledge in the business. What do you think?Ignored
You need robust technical knowledge as well as psychological control too. Lets have a example.
Suppose You bought eur/usd around 1.0830 and you projected 1.1000 area to aim your target. You're very sure this pair will move up. But suddenly due to any ghost news price slipped to 1.0710 and you hold your nerves, you expecting now it will resume upwards but unexpectedly it further down 90 pips and showing weakness and throughout the week trading at lower side and quoting around 1.0510 to 1.0550. Now you were very correct in technical analysis and found no reason of sudden fall. See here Market makers play their Roll to demoralize your technical analysis and they will continue to do so. But euro will drift higher and as per your expectation and even more than you expected after few days or weeks. So despite of good analysis you will face such situations in market.
So trade with good margin and have patience. If you like to achieve something in trading mix technical analysis with psychological control and rely on your own conviction.
Happy Trading
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