There is no need to rush anywhere in the market at all, it is just not necessary, especially if we are talking about forex, when your deal can be at least half a year in work. It is clear that you always want more and that the result does not keep you waiting. But if you are a normal trader with a clear understanding of your goals and capabilities, then you can cope with it.
Quantity may or may not give you guaranteed results, but the quality of your research can definitely help you have better trades. Focus on conducting a good quality and precise research, with paying attention to what you think are your strong points. don’t follow masses.
There is no need for complicated charts and complex indicators in order to trade profitably.
Just look at the chart and see which direction the market is moving, and place your trade. Set a stoploss to make sure you don't get margin called or wiped out by a massive news spike or similar event.
Trade small tickets, and then stack additional tickets into your trading basket as each previous one becomes profitable.
If it's a bad trade, close it, it's no big deal. If it's a good trade, let it run, and stack additional trades into the basket as needed.
When the market turns direction, close your trades, collect your profits. Good job. You made some Pips.
If not, wait for next setup and try again.
Don't over trade, use effective risk management, and never trade more than you are willing to lose to the markets.
Sometimes too much information can be overwhelming and difficult to reconcile. This creates confusion and hesitation resulting in poor decisions. I would rather have 100% clarity on technical or fundamental than confusion. I am technical all the way
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.