Mauk posted: A lot depends on the strategy, so you need to work on it very well if you want to get a good result.
I can completely understand your point. My initial days of trading were full of losses because I had directly jumped into the live trading without any strategy or plan. But when I stepped back and formed a strategy, results were quite different. So, Yes, Planning is an important part of trading.
I would say mere strategy will not help. I agree with part of the strategy but you must have the knowledge of what is going around the globe as forex is very volatile and reflects upon the market sentiments and news related to it.
Indeed, trading a scalping strategy is very profitable in terms of the fact that everything happens quickly enough and profits are obtained quickly, especially if you are trading with reliable and safe brokers, such as Amarkets.
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