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- Looking for books to read on price action
I am currently reading and studying Murphy's Technical Analysis. Next in line is Neely's book on ...
I am currently reading and studying Murphy's Technical Analysis. Next in line is Neely's book on ...
Got my short killed by the spike as well, but also finally closed my short from 1.089, lost 3% Could have been worse.
May I ask why? I'm keeping mine, 1D is still very overbought, great potential for further move down next week.
300:1 leverage, 9% profit on 2 pips... never seen anything like that
1. Always. I used to never use it but I learn from my mistakes. 2. Long term I have much smaller losses with using S/L than without using one. 3. Depends what time frame I'm trading. In 1H-5M somewhere inbetween 40 and 10.
I agree with this. There is too much emphasis on psychology, and not enough on understanding the market itself, devoting a lot of time and effort to become good at technical and fundamental analysis etc. You either get all kinds of terrible ...