Yearly Trend Shift for USDJPY
There is no doubt in my mind that the cause of so much grief and loss by retail account holders comes from having little or no experience in investing let alone trading. And by trying to make decisions on lower time frame charts without proper training.
The ability to delay gratification is essential…and there is no substitite for patience in investing or trading.
A picture is worth a thousand words!
Jay Norris
www.trading-u.com
DISCLAIMER: Forex (off-exchange foreign currency futures and options or FX) trading involves substantial risk of loss and is not suitable for every investor. Risks include the potential that changing political/economic conditions may substantially affect the price/liquidity of a currency. Investors may lose all or more than their original investments.