If you’re going to compete in the game of trading, make sure you have an edge or you will lose your money to someone who does. There are many indicators to buy into a market. Some are opportunities that lead to low risk and high reward buying opportunities that end up being very profitable trades. Some are traps that lead to losses for the new trader and profits for the professional. One of the best ways to get that extra education and experience is to trade like those traders who have the most success in their field, like financial institutions being those individuals. This is why your trading strategy models the most successful investors, funds and banks and takes their outlook on the market and applies it for ourselves. Always be aware of the potential traps and pitfalls in any trades you do.
Trading Candles
Forex and stock traders are looking for the consistently wrong investor, trader and take the opposite position. This will obviously lead to winning trades for them. All traders have read trading books that point out that increasing volume is good for the continuation of the trend. Many new stock traders will try and fight the trend.
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