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The FX Bootcamp Guide to Strategic and Tactical Forex Trading by Wayne McDonell

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There Is No Spoon

There is no oracle in forex. No one knows the future. Forex is fluid. Price always takes the path of least resistance. It goes up, down, or sideways based on the sum of an untold number of variables and a mix of objectives. Opportunity for some traders to short is another trader’s opportunity to go long. The only way to survive is to know how your trade plan fits into the whole scheme of things.
To do this, you need to know yourself and your trading abilities. The best way I found to analyze myself was to review my trades on a weekly basis.

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