Consider foreign exchange trading in terms of probabilities. Absolutely nothing in investing is ever a certainty. Sometimes, you will lose, even if you did all the right things. That doesn't mean you made a bad trade, it just suggests that the probabilities turned against you. Thinking in terms of probabilities will help you focus on the realities of the situation.
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A trader's overall approach on the currency market should fit his/her way of living - that is, just how much time they trades. Traders who see the market just a few hours a day gravitate naturally to conservative approaches. Traders who invest even more time following task closely can use more aggressive, small-margin methods.
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