Kingace posted: Tony Gregg my name sake, study carefully what Dove Services have written, he is 100% correct, The market doesnt care about you, she is always right.
I started making profits only when i started doing less...i.e 1 currency pair, 1 TF, 1 or 2 Trendlines etc
And one more thing, do not pay attention to the news or fundamentals, these are designed to confuse you, just trade directly from your charts,
A question you should always ask yourself before placing a trade is ...........WERE IS PRICE GOING NOW? UP OR DOWN? just follow price, hold for few pips and exit...Always limit your exposure to the market as a small time trader.
If you ignore fundamentals and technical aspects, your trading become similar to gambling. I agree that it is important to follow what is going on in the chart but if you also use 2 or max 3 complementing indicators it will further help you see the signals and setups. I also agree that newbees tend to use a lot of lines and indicators which at the end of the day confuse them.
Good. One thing does not remove the other.que manipulate the market well perfect but that does not mean that you can not do trading because you are already sold, I would like to know beforehand that it will happen and if I knew it then Then it would be very easy to trade and also very leveraged, but as not because it touches small positions and stop stop losses collect benefits if you hit and move forward is more a trader if you open a position in the market and should do that one and Again in a disciplined way. For example if I see the price coming to a support I can decide to buy there I put my position I put the stop I calculate a take profit that the market is manipulated means that the support broke to touch my stop that I have 10 pips to 20 Or 30 or 500 pips if I hit the stop to 10 is that it is manipulated and if I touch 500 is also manipulated because I touch or simply my operation did not work.
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