Where will the USDEUR be trading in a year’s time?
1 Answer
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If anyone knew the future they would be fantastically rich.
Trading is all about taking an educated guess. Developing a system that will earn more money than it loses when traded for the long term and using risk management to control your trading risk.
In this way you are not hoping that a single trade will be profitable, only that the system will make money over multiple trades.
Source(s): http://forextradingtutorial.biz/