ADVISORY: As Tactical Trader/ Investors
Awareness of risk events that can change market conditions before and after release of certain data is widely expected. In such cases, the main responsibility of looking forward towards price swings can be anticipated with a certain degree based on previous price levels and the process of deduction. Money flows as investors shifts, go where the trend flows so when time comes that it does change directions, then there will be ample time to make changes even on real time.
Although, the practice of forward looking should be done more often, while the use of a back-testing system can be limited only as a reference guide. Closely monitoring price action and market behavior as a basis can be more effective even before any price move occurs.
Yes, we know its easier said than done. Due diligence can only help build that trading confidence and consistency especially noting all trades in a journal for further reference when called upon.
IT'S THE MARKET THAT PAYS MEGATRADE101 CLIENT / INVESTORS TRAINING WHILE BUILDING TRADING CONFIDENCE & CONSISTENCY. (NOT THE OTHER WAY AROUND)
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