Successful traders are “following the smart money” and do NOT try to catch every move from start to end. Consistent traders catching the large moves after a confirmed start with a good money management. They stay out of choppy, low momentum phases in smaller timeframes and wait for the right signal to enter and re-enter the large moves. This fits to the different trading style like a swing trading or scalping. For a scalpers, after the consultations with our customers we added “early signals” mode to the TPA indicator. It makes better quality of signals but sometimes it can repaint however, this does not spoil the profits.
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Successful traders are “following the smart money” and do NOT try to catch every move from start to end. Consistent traders catching the large moves after a confirmed start with a good money management. They stay out of choppy, low momentum phases in smaller timeframes and wait for the right signal to enter and re-enter the large moves. This fits to the different trading style like a swing trading or scalping. For a scalpers, after the consultations with our customers we added “early signals” mode to the TPA indicator. It makes better quality of signals but sometimes it can repaint however, this does not spoil the profits.
Profitable trading is a kind of art and needs knowledge and training. There is no magic holy grail, solving every situation on every market. By getting away from mainstream thinking, not rushing in and getting rid of illusions about being rich in a month, you are finally on the right track, getting a consistent and successful trader.
Profitable trading is a kind of art and needs knowledge and training. There is no magic holy grail, solving every situation on every market. By getting away from mainstream thinking, not rushing in and getting rid of illusions about being rich in a month, you are finally on the right track, getting a consistent and successful trader.
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