TheNewsCrypto

Price Action Trading Plan - Beginners

Education
TheNewsCrypto Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Price Action Trading Plan - Beginners

Step 1 :Before you trade, consider your strategy for the day and how much risk you are willing to take.

Step 2 : Determine whether the market trend is bullish, bearish, or sideways.

Step 3 : Plan for proper entry and exit once trends have been identified.

Step 4 : Avoid trading under duress. Be committed to your plans before engaging in the trade.

Step 5 : Take pleasure in the

Three important parameters that every beginner should be aware of

  • Human Psychology
  • System Development
  • Money Management

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Step 5 : Take pleasure in the Trading

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