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How to check my decision in perfect?

Elijah_0

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In Forex, perfect decision making is really tough as the market is quite unpredictable. How do you do this?
 
I rely on fundamental market news impacts and technical analysis as well to make a concrete decision.
 
In Forex, perfect decision making is really tough as the market is quite unpredictable. How do you do this?
Technical analysis. Technical especially snr is a miracle cause fundamental will always follow direction of technical analysis.So we can just sit and relax using snr. I used snr with confirmation and its work very well on me.
 
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In Forex, perfect decision making is really tough as the market is quite unpredictable. How do you do this?
There is no way to do that. Market compensate you only if you take risk, your goal is to find situations when the risk is mispriced by the market and take advantage of that. But you can't remove possibility of loss.
 
I think a good way is to look back at your past trades and see if they match your plan and strategy. Think about why you made those choices and whether they worked out, so you can learn and make better decisions in the future.
 
Only by taking the trade. Subsequent price action will tell you where you was wrong. Make sure you pay attention to not only the fact of loss but also to how price behaved after you placed the trade.
 
You can compare your decision with that of others and in forex you can’t be so sure of your decision because the market is uncertain.
 
To make the right and balanced decisions, you need a proven trading strategy. Only in this way will your actions be systematic and justified, you will understand when to make trades, and when to wait when there is uncertainty in the market, where to correctly set your stop losses and take profits. Only in this way can you improve the quality of your trading.
 

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