that the best image to describe scalping with high winrate,
i see this urban legend " oh impossible you get 99% winrate " ofc we do that easy, but that also imply the one time you wrong you gona get destroy hard,
small spread is easy to play, hard to deal with drawdown
TRAPPED TRADERS 📖
Ranges or consolidations often give birth to trapped traders whose stop losses and liquidations act as additional fuel for new trends and price movements.
I will teach you how to use this concept for trading in my future posts.
Retweets are appreciated.
Stop losses are like speed breakers. They slow you down but keep you in the journey.
Cut your losses early and always avoid over trading and over leveraging.
SUPPLY AND DEMAND MASTERCLASS 💯
Learn
-How price is determined.
-How to find real Support and resistance.
-Using S/R for high probability entries.
One of the most important concepts for trading entries.
Read and start using it, Now!
Link- https://t.co/a8D3e6nQ4A
This is very important trait for anyone to become a succesfull trader @mwebster1971 learned from William J O’Neil.
Thanks @jfahmy ,@irusha and @Canny4 for best interview
Many traders think you need to take high risk for high returns.
Wrong!
You should risk small, let your edge play out, add capital, and compound your gains over time—that's how you make it BIG.
STOP buying breakouts! Always wait for a retest to confirm sustaining momentum. This will save you thousands of dollars in the long run.
$SPY $QQQ $TSLA $AAPL
#educational
Order block cheat sheet...
Don't get trapped into fake order block!
.
.
If u have any doubt about {order block/inducement Dms are open for weekend...
#trading#ForexMarket#cryptocurrency
Most people blow their accounts by shorting at 52wk highs.
If you're going to short, here are some suggestions:
1. Wait for a confirmation of the breakdown.
2. Trade w/ the longer term trend.
3. Pay attention to volume.