Which item is the most important for a successful trader

Pablo Jaguanharo Carvalho Pinheiro
788
  • 12% (3)
  • 21% (5)
  • 29% (7)
  • 38% (9)
Total voters: 24
Md Atikur Rahman
158
Md Atikur Rahman  
I think you have forgot to add another important point that is "Fundamental Analysis".
Daniel Cioca
463
Daniel Cioca  
Md Atikur Rahman #:
I think you have forgot to add another important point that is "Fundamental Analysis".
How fundamental do you analize before you put on a trade? Do you think that “Smart Money” care about your fundamental ? 😁
Md Atikur Rahman
158
Md Atikur Rahman  
Daniel Cioca #:
How fundamental do you analize before you put on a trade? Do you think that “Smart Money” care about your fundamental ? 😁

1# You would probably know that fundamental factors are driven a country's economy, lots of fundamental factors involve to play in a currency's movement. Some of them are mentioned below:

Central Bank Monetary Policy

Gross Domestic Product (GDP)

Retail Sales

Industrial Production

Consumer Price Index (CPI)

Politics

2#  If you say “Smart Money” is always controlled the forex market or other financial markets or country’s economy, I don’t believe and it doesn’t work that way. Sometimes it might make unusual movements in a currency. But fundament factors are always worked as key points for currencies direction.