THE MOST IMPORTANT ADVANTAGE:
This strategy gives you the privilege
to manage your trades in such a manner
that each time you have a losing trade,
it is only 10 pips you are staking.
The advantage is that, just only "one
good trade" can cover at least five
"bad trades" you may have in future.
And it is not possible to have such "bad
trades" without another set of "winning
trades". You can see the need to avoid
any complacency and stick to the laid
down strategy for optimum performance.
No need to hope for any currency pair
to reach "
support
or
resistance
level"before trading, because you are dealing with
the "real deal", the "leading indicators" that
move the markets, whether you and I, like
it or not.
FOOD FOR THOUGHT:
You must remain consistent in order to be
relevant. In forex trading, do not accept this:
If the desirable is not available, the available
becomes desirable. If you do, you will fail.
Believe:The desirable must be available.
The 2% successful forex traders are human
and you are not less human than anyone else.
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