Banks and market makers actively grab stop losses from retail traders for liquidity and use it to drive the market in their favor.
– Before you begin
a. learn trading terminology
b. trade software + equipment
c. using software tools
d. brokers, “gurus”, etc.
– Predict the market
a. Use fundamental analysis
b. Use technical analysis
c. Look for confluences (eg. moving averages)
– Master entries
a. learn and master a strategy
b. charts are subjective so your entries and exits do NOT have to be perfect; they just have to be reasonable
c. use proper risk management
– Trading psychology
a. patience is key. do NOT fall victim to the “fear of missing out” on breakouts (FOMO)
b. trust your setups
c. focus on your wins, not losses
4 replies on “The Ultimate Guide to Price Action Trading”
I do not know whether it’s just me or if everyone else encountering issues with your blog.
It seems like some of the written text within your content
are running off the screen. Can somebody else please provide feedback and let me know if this is happening to them
too? This might be a problem with my browser because I’ve had this happen before.
Many thanks
These are in fact impressive ideas in on the topic of blogging.
You have touched some pleasant things here. Any way keep up
wrinting.
I like the helpful info you supply on your articles.
I will bookmark your weblog and take a look at again right here regularly.
I am reasonably certain I will be informed plenty of new stuff proper here!
Best of luck for the following!
Howdy! Do you use Twitter? I’d like to follow you if that would
be ok. I’m definitely enjoying your blog and look forward to new updates.