I think it is relative that what works and what doesn't. What works for one may not work for others. Every trader is unique in psychologically. That's why all successful traders have their own trading style and strategy. It's the common traders who try to exact copy of others style and strategy.
Trading requires a lot of practice. It is never possible to make a trading profit without practice. You have to learn to trade and work according to discipline. Must Learn from Mistake. And you have to do regular meditation.
Trader psychology is a separate topic that deserves to be studied in detail. And to cope with stress, tension, and bad moods - you can read about it, so that you understand the nature of these conditions and can cope with it under any circumstances.
Yes, every trader has a different approach and trading style along with the right trading mindset. You are right that one strategy might work for some and might not work for others. It is all about trading psychology.
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.
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