You need to understand trends before trading. There are short, medium and long term trends. When you place a trade, you should aim to take advantage of medium to long term trends. This means that you will trade in the direction of the trend that you have identified.
It is a mistake to try to pick market tops or bottoms (reversal points). Wait for the market to clearly indicate a trend rather than trying to pick the change in trend, and ending up trading against the prevailing market trend. Trading against a trend is a sure way to lose mone
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