Your trading plan can quite easily be disrupted and turn into a battle of greed versus loss. This is why take profit levels are vital.
If you are an ordinary independent investor, it's unlikely that you have an in-depth knowledge of the foreign exchange (Forex or FX) market - and there's a really good reason for that. Until recently, Forex was a trading market that was available only to large financial institutions, corporations, hedge funds, central banks and very wealthy individuals. Fortunately, it[...]