DeanMuller

AUDJPY update, plus a Trading Mini Lesson

Short
FX:AUDJPY   Australian Dollar / Japanese Yen
Hey all, in this morning's video I just wanted to give you all an update on the AUDJPY as well as a small but in my opinion, relevant mini-lesson. As many of you may know trading is filled with many dilemmas, and this morning we are fortunate enough to discuss one of those dilemmas in a bit of detail highlighting 3 key takeaway points. As you will discover in this morning's video, trading is not about being right but rather about being consistent. So although the intention is to make a profit, the objective should be to make a profit consistently. It is always very important to know that our job as traders is not to be right but only to make money on a consistent basis because there are many analysts that are right 90% of the time, but because of their fear is unable to make money on the market 50% of the time.

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