Precision trading

in #forex7 years ago

I often hear people say, A Trend IS YOUR FRIEND. However, this is followed by many traders!!!! but still, 95% of traders lose...? why is that? Another one is, never pick tops and bottoms. This is also a popular saying since most traders abide by the rule, so if this is so! where do you trade? in the middle? Many people ask me: "how do you know where tops and bottoms are?" and is it possible to pick tops and bottom" well the answer is simple, "yes" only if you understand full price action and years of trading! Most people do not believe in tight stop loss because they think the price needs to breathe, the truth is those people do not know where price is stopping, they just have a general idea. In Aceteam Fx we normally risk 15-30 pips! with a target of 70 pips to 150 pips>>>> as can be seen below. Trade Smart, most people online just say things they see online without first-hand experience! Happy trading everyone, remember to control your risk and manage your trades well! don't overtrade greed kills!

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