I have been trading in forex for more than a year now and I have learned so many things so far, as falling on the 90% is too easy. One of that is, "hope" trade. Even the best trader makes this mistake when the market behaves strange or faces few consecutive failures. It's just a small difference between "conviction" and "hope". Conviction means you have enough evidence and analysis to foresee a move whereas "hope" will just depends on luck with or without partial analysis.

This week I have traded with conviction and it paid off. Hope to continue :-)
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