Knotillusion

Knotillusion

This was a tutorial on technical analysis.

Knotillusion

So, typically as a trader we identify supports and resistances and then create a prediction of how far we think our trade will go. We have take profit lines at each new zone. This is an effective form of risk management and greatly minimizes your risk. If you are able to enter your trade at the bottom of the zone each time and ride to the next high, then sell the...