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When you’ve made a strategy, you should remember that discipline is crucial in trading. Follow your strategy! Otherwise it is useless and that you will probably start losing currency. A lot of traders would go so far to declare that discipline is amongst the greatest problem in traders. Should aren’t trading disciplined if possible lose financial resources. That as close to a fact as it can be.
The first part are considered the set-up notice how profitable it is on specific. The next is the entry and see what the advance is. This can be a backbone of the strategy. When you have proven that there is a viable set-up and entry, then you can move in order to test exits, and then money management stops. In the event the strategy is not profitable only at that point, possess either picked the wrong indicators or still have some design flaws that require to be fixed.
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