When you're new to trading or less experienced, it's almost like a drug, you want to be involved in every move, trade it up, trade it down, and when it's not looking good, you'll still think you can scalp it. This is a big problem for most traders, FOMO will kill your account guaranteed.
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That was our morning. Not bad for a days work! We identified the targets for the JPY pairs COB yesterday, worked well during the Asia session. Now waiting patiently for Gold to complete the move
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FOMC DAY - New traders, less experienced traders, stay away from the markets. NFP and FOMC are known to cause traders problems and the most amount of accounts are blown during these events. We will release the FOMC Report later with our view.