hmm i wonder why 90% of traders fail. Answer-they trade off material learnt online. this is like the most basic of market manipulation, you think banks want you to make money? no they want yours so they dupe all the noobies into these crappy setups which clearly have a reallyy low probability as you can see, then what do they do? they manipulate your asses until you start praying. AND why are you trading mid range, price is gonna move weird its gonna bounce up and down? trade from major levels not when the move has already happened.
Malika_Analysis
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@alitrading_, lol thanks for your long winded input ;)
alitrading_
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@Malika_Analysis, well if you dont understand what im trying to say then wellll what can i say, i just tried to help.
Malika_Analysis
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@alitrading_, Trust, I do understand and totally agree with what you've said. And just to point out 90% of traders failing is more down to their psychological way of approaching trading than it is their technical approach.
alitrading_
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@Malika_Analysis, 90% of traders fail because they lack technical skills, they lack journaling their analysis and trades, no actual edge in the market, they trade online material designed with flaws and for banks/institutions to manipulate, psychology only develops with consistency in trading live accounts and with experience.
alitrading_
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@alitrading_, oh and audcad looks like its gonna shoot up