Is your price analysis often right but you still lose money? This is very common and many traders I talk to are frustrated.
In this video I explain a few very important principles about chart reading and trade execution that will hopefully help you avoid the most common mistakes.
However, it is important to realize that nothing works 100% in trading. Thus, you must learn to cut losses and let winning trades run to put the odds in your favor.
* no investment advice - informational and entertainment purposes only *
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Any and all liability for risks resulting from investment transactions or other asset dispositions carried out by the customer based on information received or market analysis is expressly excluded by Quantum Trade Solutions GmbH. All the information made available here is generally provided to serve as an example only, without obligation and without specific recommendations for action. It does not constitute and cannot replace investment advice. We, therefore, recommend that you contact your personal financial advisor before carrying out specific transactions and investments.
In view of the high risks, you should only carry out such transactions if you understand the nature of the contracts (and contractual relationships) you are entering into and if you are able to fully assess the extent of your risk potential. Trading with futures, options, forex, CFDs, stocks, cryptocurrencies and similar financial instruments is not suitable for many people. You should carefully consider whether trading is appropriate for you based on your experience, your objectives, your financial situation and other relevant circumstances.
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#forex #trading #technicalanalysis