A forex strategy is the trader's "compass"
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I think it is more than bravery to set on an adventure without a target; does a sailor get his ship off the shore into the deep sea without a compass? Of course an individual that jumps into a venture for which he has made no adequate preparation or foresight for what the venture holds for him is sure to sooner jump out- sweating in regrets and worse than he entered. This is same thing in the forex. My friends you can not just start trading forex without first sitting down and modelling your chosen path. This chosen path in this regards is the technical path, and in the forex is known as the forex strategy. Trading without a strategy is too bad- you would barely have a direction and would easily get lost with the illusions of the forex. A forex strategy is therefore as important to a forex trader as a compass is to a sailor.