Trading forex is not without its myths and misconceptions. These myths can be like hidden obstacles, ready to trip up not only newcomers.
So, you’ve decided to trade foreign exchange or Forex. First of all, congratulations! The world of Forex is one of the most exciting fields of trading there is, and entering it could be one of the most fulfilling decisions you could ever make.
The term "analysis" can be daunting or deceptively simple for many novice traders. On one hand, some newcomers may believe they grasp its fundamentals — the classic "buy low, sell high" principle — and feel satisfied with that knowledge alone.