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Prevail Versus Fail: Sophistication and Preparation. Many traders I come across have a very loosely defined notion of what they intend to do every day: identify some support and resistance, see how price is trending, check the news, run some indicators, check book value, PE.

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Is there a stable trend in place? What is the bias of price right now? Also, consider the bias of price in general (such as on the weekly chart). Is price respecting the mean value as a dynamic S/R? Do you have a strong trade.

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Without taking the risk and being proactive, unless you are lucky, you more than likely wont achieve your target passive income and live the style that you have always dreamed of You have made a decision that you want to invest into a forex managed.

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