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I totally agree! Time management is crucial when trading! Make sure to have a plan for every day and know exactly how much time you are devoting to trading.

The trader should not feel overconfident when earning profit consistently, and also should not feel disappointed or anxious when losing. In fact, one should always be well prepared when trading in forex as you can either win or learn from losing trades.

Although it can be profitable, I don't advise news trading. It is very challenging to understand and even harder to put this strategy into practise. In addition to requiring a significant amount of time and effort, your success is not guaranteed.

Trading has a negative reputation when associated with greed, risk, and failure. In fact, trading is not that dangerous if you do it the right way. The key is to comprehend and practice everything regarding trading patterns, market news and economic events with proper dedication and consistency.

Forex trading is not intuitive or simple. You must have a proper strategy to make continuous profits. Having a strategy that works is critical to succeeding in forex trading as requires consistency and better market knowledge. It is profitable if you do things in the right way.