NZDUSD | Supply and Demand zones | Catch the Great Fall

30 Des 2019
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Golden Trading Rules:

Have A Plan


Many futures traders trade without a plan. They do not define specific risk and profit objectives before trading. Even if they establish a plan, they "second guess" it and don't stick to it, particularly if the trade is a loss. Consequently, they overtrade and use their equity to the limit (are undercapitalized), which puts them in a squeeze and forces them to liquidate positions. Usually, they liquidate the good trades and keep the bad ones.


News Factor

Many traders don't realize the news they hear and read has, in many cases, already been discounted by the market.


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