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Luck is needed in this market

Robert Hills

Active Member
To be a successful trader, it is important to comprehend the estimation of misfortunes, as without that we are not going to make benefits either. Regardless of what happens, we ought to dependably hope to gain from a trader, as it is not just the cash that is sure in trade, yet additionally to have the capacity to learn and get a decent lesson is another crucial part. In this manner.
 
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Consistency paired with the idea of probability is what's needed in the market

If you educate your self on price action, macro economics, seasonality and money management.. you'll be on your way to success.

The consistency comes from being a disciplined trader trading with a clear defined set of rules i.e buy low on an up trend and sell high on a downtrend, cut your losers short and let your winners run while having low risk.

Probability comes from your education of price vs market and research on both macro economics ie. The impact of rates by the reserve currency which is the dollar and Seasonality that will guide your overall trading ie when to trade a trending market, bullish or bearish, or when to trade a sideways market, reversing and a break out.
 

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