COMPREHENSIVE NEWS TRADING, THE ONLY WAY FORWARD IN FOREX TRADING.

I have just completed my forex research initiative which lasted for about five years. I therefore make bold to say that the only way to be a successful professional forex trader is to acquire enough knowledge. The number one most important thing in forex trading. Forget about Risk Management, which is the last on the scale of preference. If you do not have the right knowledge,any good risk management method you employ will only help you to delay the rate at which you wipe out the entire forex account you may have.There would be no forex business if there were no fundamentals---- the driving force in the forex market. In view of the fact that only 5% of forex traders are successful goes to show the relevance of knowledge in order to have adequate Conviction of the method you use and the Confidence to stand by your trading method. In my subsequent posts, I shall endeavour to highlight other areas that make a successful trader and possibly post my live trades here.