It’s equally important to know what influences currency prices, like interest rates, inflation, news events and global economic conditions. Being familiar with how the market works will help you make smarter decisions and manage risks. Keeping a trading journal is a valuable practice for beginners and experienced traders alike. Record your trades, including the reasons for entering and exiting, the outcome, and your emotional state during the trade. Analyzing your journal periodically will help you identify patterns, strengths, and weaknesses ...
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