There are two sides to the forex market: retail and professional. Do not confuse it with broker’s definition of retail vs professional client (by broker’s definitions). It doesn’t matter what kind of client you are.
What matters is how you trade. The two differences, compared to retail trading, are as follows:
- In professional trading you trade by using a professional, not a retail strategy;
- To successfully employ your professional strategy, you are using your professional understanding of how the forex market works.
The two sentences above may not make any sense to you, but to put it short – when professional traders are long, retail traders are usually short and vice-versa. The difference is obvious and there’s a very clear line between professional and retail trading.
There’s just one correct way to trade the forex market and that way is called the professional way. If you trade on the professional side, you can make money consistently. Trading on the retail side is very unpredictable and it’s usually a losing game.