When you trade forex, you need to have confidence of your own decisions. However, if you only have confidence in trading forex without looking for the facts in the forex market, you will have trouble in gaining more profit.
What I mean by facts in forex market? Facts are confluences and events during the forex market price moves up and down. You don’t want to trade blindly with only your own confidence that the price will be up or will be down.
I would say that you need at least 3 confluences and events that prove your decision is right before you put your trade. After you put the trade, set stop loss and profit target and then don’t get hang with it when price is against you.
So, look for facts and have confidence in your decision.