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Actual for You - Online Trading Forex- Which Of These 3 Mistakes Do You Make?
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Setting the stop at round numbers.
Solution: When settin
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Here are 3 advice notes I've picked up which greatly reduce the number of my losing trades and increase the number and size of profitable trades:
Mistake #1
Setting the stop at round numbers.
Solution: When setting
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Here are 3 advice notes I've picked up which greatly reduce the number of my losing trades and increase the number and size of profitable trades:
Mistake #1
Setting the stop at round numbers.
Solution: When settin
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Mistake #1
Setting the stop at round numbers.
Solution: When settin
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Mistake #1
Setting the stop at round numbers.
Solution: When settin
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Setting the stop at round numbers.
Solution: When setting your stop, avoid numbers that end in zero.
This is not due to superstition! It's just that round numbers, especially with certain currency pairs like EUR/USD and GBP/USD, represent key psychological levels in the minds of traders and institutions.
Price will often pull back to a number that
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